Matthew Diserio & Hubert Danso Explain Why You Should Invest In Water Infrastructure in Africa
Source: Infrastructure
07
Jun
02
Feb
Africa investor (Ai) Group’s Hubert Danso on green infrastructure objectives for COP 27, Part 2
Hubert Danso, CEO and chairman of Africa investor (Ai) Group, discusses the institutional investment community’s plans and expectations for COP 27, to take place in Egypt in November. (02/2022) To view Part 1, click here.
To read about the African Green Infrastructure Investment Bank’s advisory board of African and global institutional investment leaders, click here.
Source: Infrastructure
02
Feb
Africa investor (Ai) Group’s Hubert Danso on green infrastructure objectives for COP 27, (Part 2)
Hubert Danso, CEO and chairman of Africa investor (Ai) Group, discusses the institutional investment community’s plans and expectations for COP 27, to take place in Egypt in November. (02/2022) To view Part 1, click here.
To read about the African Green Infrastructure Investment Bank’s advisory board of African and global institutional investment leaders, click here.
Credit: Institutional Real Estate Inc. (IREI)
Source: Infrastructure
20
Sep
Ethiopia Unveils Ten-Year Power Project Plan
ADDIS ABABA – Ethiopian Electric Power has disclosed plans to build 71 power projects over the next 10 years. This will cost at least U.S.$40 billion and will consist of 16 hydropower, 24 wind, 17 steam, and 14 solar power projects.
Andualem Siae, CEO of Ethiopian Electric Power has said that the project cost is expected to be covered by private and public partnerships, the African Development Bank, the World Bank, other development partners and financiers, Ethiopian Electric Power, and the Ethiopian government.
In July 2021, the African Development Bank (AfDB) approved two grants worth U.S.$83.6 million which enable Djibouti and Ethiopia to proceed with the construction of a second power transmission line which will eventually boost their energy trade, after enjoying the returns from the first project that linked their power grids.
Among the projects planned to be built in the next 10 years are 16 water, 24 wind, 17 steam and 14 solar power projects, CEO said.
Based on the directive, two solar power projects will be built by Saudi Arabia’s Aqua Power Company, which is in the process of being developed by private developers and private and public partners and the company is preparing to begin construction.
As to Andualem, negotiations have also started with the United Arab Emirates Company Amia to build the Aisha 1 wind farm project, and bidding is underway to well sort out developers for other wind power projects.
According to the CEO, construction of the Tulu Moye and Corbeti steam power projects has also been commenced by private developers.
Source: Infrastructure
08
Dec
Abu Dhabi Wealth Fund Targets Africa, Renewables to Lift Returns
(Bloomberg) — Abu Dhabi’s top sovereign wealth fund is looking to Africa and renewable energy to generate greater returns, while relying more on artificial intelligence to mine data and spot new investment opportunities.
“With an abundance of natural resources and young, growing and increasingly educated populations, African countries are among those offering the greatest potential for long-term investors,” said Abu Dhabi Investment Authority Managing Director Hamed bin Zayed Al Nahyan. “We already routinely incorporate climate-change considerations into all of our investment proposals, and have been steadily expanding our exposure to renewable energy.”
The $710 billion fund, known as ADIA, this year started a climate-change equity portfolio aimed at boosting its green-economy exposure, and is a shareholder in sustainable-energy projects that generate more than 20 gigawatts of power.
ADIA’s 20-year annualized returns through December of last year were 4.8%, the lowest since 2008, according to the fund’s 2019 review. It blamed the absence of strong gains in the late 1990s for the drop. Thirty-year annualized rates of return were 6.6%, compared with 6.5% in 2018. Sovereign wealth funds in the Gulf, where governments are struggling to absorb the impact of lower oil prices, have been making adjustments to generate higher yields.
Africa Prospects
While ADIA continues to see China and India as the global economy’s growth engines, it’s monitoring developments on the world’s poorest continent for opportunities. Nigeria’s stock market is the best-performing in the world after Argentina this year, while dollar bonds issued by Angola, Zambia and Ghana posted the best returns among emerging markets last month. Five of the world’s 10 fastest-growing economies will be found in Africa through 2022, according to forecasts compiled by Bloomberg.
Investors Are Waking Up to Some of the Most-Maligned Markets
ADIA is betting that advances in technology are “likely to bring the greatest changes to the investment industry in the decade to come,” Al Nahyan said in the review released on Tuesday.
In response, ADIA earlier this year made a string of hires to become part of a team that is building out its artificial intelligence and machine learning expertise.
“ADIA has made it a priority to integrate technology throughout our investment process, in ways that support our ability to generate insights and achieve superior returns,” the managing director said.
It employs about 1,700 people and besides developed markets equities, which makes up as much as 42% of ADIA’s portfolio, the fund holds bonds, alternative assets, real estate, private equity, infrastructure and cash.
©2020 Bloomberg L.P.
Read more at: https://www.bloombergquint.com/business/abu-dhabi-wealth-fund-targets-africa-renewables-to-lift-returns
Copyright © BloombergQuint
Source: Infrastructure
13
Nov
Annual Pensions & Retirement Summit 2020 – Speaker: Hubert Danso: Chairman/CEO Africa Investor
Source: Infrastructure
10
Nov
Saudi public investment fund poised to invest in Egypt’s sovereign wealth fund
Saudi Arabia’s Public Investment Fund (PIF) is keen to inject investment into Egypt’s Sovereign Wealth Fund (TSFE) as well as into other projects, reports say citing a statement from the Egyptian government.
Saudi Arabia’s Public Investment Fund (PIF) is keen to inject investment into Egypt’s Sovereign Wealth Fund (TSFE) as well as into other projects, reports say citing a statement from the Egyptian government.
TSFE has according to the statement submitted investment proposals to the Saudi fund. The announcement came during Wednesday’s meeting between Egypt’s Moustafa Madbouly, Ayman Soliman, the TSFE CEO and Saudi State Minister Issam bin Saad.
Saad made the trip to Egypt to review previous works, investment agreements previously signed, and to review the investments that TSFE proposes for the PIF to study. Saudi Arabia is the regional leading backer of the regime of President Al Sisi who came to power in 2013 following a coup d’état against first democratically elected President Mohamed Morsi.
The Gulf country has pumped billions of dollars as well as grants into Egypt’s economy. During his last official visit to Egypt in 2016, King Salam oversaw the signing of several investment agreements worth 60 billion riyals between PIF and the Egyptian government. The investments covered several areas including energy, agriculture and maritime transport.
Source: Infrastructure
02
Nov
Angel fair Africa africa.com The Investors are virtual for 8th AFA
Forty-three leading global investors from Africa, Europe, US and the Middle East have signed up to participate virtually in the 8th Angel Fair Africa on 5th November 2020.
The investors are from Angel Africa List (AAL), Africa Venture Capital and Private Equity Association (AVCA), America Capital Association (ACA), Women-In-Capital (WIC), Viktoria Business Angel Network, Brightmore Capital, amongst others. Asime Partners and MSM Property Fund are supporting the investor participation. The ten selected ventures to pitch to these investors have gone through our one-month Africa Virtual Accelerator (AVA) @ https://www.africavirtualaccelerator.com/in.php. They are, ShopMeAway led by Racine Carr; Kalpay led by Ibrahima Kane; AgroInnova led by Amos Narh; Adi&Bolga led by Abimbola Oladeji; Kladika led by Muthoni Mwangi; Gift Pesa led by Pamela Muriuki; Ejoobi led by Simangele Mphahlele; Kweza led by Ropafadzo Musvaire, Afrijob Network led by Harriet Kariuki and Curacel led by Henry Mascot. Their participation is supported by Google, Impact Hub Dakar, CTIC Dakar, MEST Africa, StartupBootcamp Africa, Viable, Adei Institute and iHub.
Abimbola Oladeji of Adi&Bolga said “AVA was a truly intense month-long accelerator experience, packed with lots of learnings and insight delivered by mentors with diverse backgrounds in the startup ecosystem. I’m grateful to have been selected to be part of this cohort and I’m excited for pitch day next week”.
Pamela Muriuki of Gift Pesa said “My experience at AVA has been a serendipitous encounter. I have discovered new use cases for the Gift Pesa platform. The new use cases have more than tripled our market size – this is brilliant. Am now feeling prepared to meet investors with confidence.”
Ropafadzo Musvaire of Kweza said “My AVA journey has been a very engaging and relevant learning opportunity that has also given me access to an incredible network of players in the Africa tech ecosystem.”
Racine Sarr of ShopMeAway said “Focused and well structured! AVA program made me go through all vital parts of my business again but this time with the help of world-class experts. Unlearning and re-learning super-fast, October has been more hot than usual. Thank you, AVA.”
Sewu-Steve Tawia, Head of the Asime Partners family office said, “we have followed the momentum developed by the event despite the COVID pandemic and are happy to help bring the investor community together for what promises to be the best of its kind event in a virtual environment”.
Musi Skosana, CEO of MSM Property Fund observed that “the increased participation of female investors and entrepreneurs in the event signaled a welcomed change in the state of affairs regarding gender parity and the beginning of a new era of female entrepreneurship”.
According to Angela Akua Asante, Founder of TITA Productions, she is excited to be the MC for this year’s event as she is impressed with the caliber of investors and entrepreneurs who are going to pitch as well as constitute the panels for the event.
5th November 2020 on the www.virtualconferenceafrica.com platform.
Angel Fair Africa is an event that brings together accelerators, incubators and emerging businesses from across the African continent and investors to do deals.
Contact – info@angelfairafrica.com
Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.
Dalberg ( www.dalberg.com ) is a global group of change makers (entrepreneurs, innovators, designers, creative problem solvers, thinkers and doers) working to build a more inclusive and sustainable world where all people, everywhere, can reach their fullest potential. We partner with and serve communities, governments, and companies throughout the world, providing and innovative mix of services.
Source: Infrastructure
01
Oct
Africa Energy Forum 2020
The Digital Energy Festival 2020
The Africa Energy Forum 2020 joins forces with the African Utility Week and POWERGEN Africa and Oil & Gas Council’s Africa Assembly this October to host a ‘Digital Africa Energy Festival’ – the largest ever energy event for the African continent.
A month-long digital platform featuring a vast array of content & networking offerings, delivering critical information at a time when the industry needs it most.
Source: Infrastructure
23
Sep
Angel fair Africa africa.com 5th Nov 2020
All Female Investors and Entrepreneurs Panel @ 8 th AFA
The 8 th Angel Fair Africa would feature an all female investors and entrepreneurs panel; thus building on our 2016 all female investors panel. The investors pane, consisting of Hannah Subayi, Partner of Dazzle Angels, Evelyne Dioh, CEO of WIC Capital, Lelemba Phiri, Partner of Enygma Ventures and Maya Famodu, CEO of Ingressive Capital, will be moderated by Salimatou Diallo, Partner of SD Avocats.
The entrepreneurs panel, consisting of Magatte Wade CEO of Skin to Skin, Jamila Zomah CEO of Africa Dish Out, Isseu Diop Sakho CEO of Mburu, and Sassoum Niang CMO of InTouch SA, will be moderated by Eva Sow, Director of i4Policy.
“The Africa investment and entrepreneurial ecosystem is maturing to the point where we have strong participation of women across the entire value chain. Our all-female panels are meant to showcase this important development” said Eric Osiakwan, Co-Founder of Angel Fair Africa. This year’s investors panelists are actually some of the most active investors during the pandemic. For example Maya Famodu closed her $10m Seed Fund during the pandemic. Lelemba Phiri, Evelyne Dioh and Hannah Subayi have all made significant investments during the period. Therefore their panel will focus on how they ensured these achievements, and the lessons to be learnt therefrom. The entrepreneurs panel, on the other hand, is made up of those who have defied the pandemic to grow their businesses. For example, Jamila Zomah whose Africa Dish Out saw 44% growth. Isseu Diop Sakho of Mburu who actually got money??? during the pandemic. They would be sharing these stories on their panel.
The lockdown in Africa during the pandemic, created a positive domino effect, where we saw mergers and acquisitions (M&A) picking up pace across the continent. Therefore we are replacing our Exit panel with an M&A panel, Here we have Endre Opdal, CEO of HotelOnline, Dare Okundjou, CEO of MSF Africa, Gregory Rockson and CEO of mPharma sharing their recent M&A activities. This panel will be moderated by Winnie Mwangi, a VC and Impact Investment Professional from Kenya.
These feed into our overall theme of exploring Lucy Quist’s Bold New Normal within the new normal of “doing deals in a virtual environment”, featured on:
5th November 2020 on the www.virtualconferenceafrica.com platform.
Being a thought leader, as well as the Chief Diversity and Inclusion Officer of Morgan Stanley, Lucy would open the day with her views on how Africa’s Bold New Normal would work within the World’s new normal.The format will be a fireside chat with Ian Ziddah, Partner of Chanzo Capital. Teresa Clarke, Chairman and CEO of Africa.com will follow with a lunchtime keynote fireside chat on how she exemplified the bold new normal. She left Goldman Sachs in New York, relocated to Johannesburg, South Africa, and proceeded to build Africa.com from the ground up into a media empire, which last year acquired iAfrica. The day will end with Musi Skosana of MSM Property Fund interviewing Tim Draper of Draper. VC on his bold new normal of investing globally from Silicon Valley into companies like Baidu, Tesla, Hotmail, Skype, etc which all redefined their industries.
Angel Fair Africa is an event that brings together accelerators, incubators and emerging businesses from across the African continent and investors to do deals.
Contact – info@angelfairafrica.com
Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. Africa.com’s interests include a business publisher’s network, content syndication, the website at www.iafrica.com, email newsletters, various social media platforms, and internet domain names ending with the “.africa.com” extension. Africa.com operates from Johannesburg, Lagos, and New York, and has a presence in Cape Town and Nairobi.
Dalberg ( www.dalberg.com ) is a global group of change makers (entrepreneurs, innovators, designers, creative problem solvers, thinkers and doers) working to build a more inclusive and sustainable world where all people, everywhere, can reach their fullest potential. We partner with and serve communities, governments, and companies throughout the world, providing and innovative mix of services.
Source: Infrastructure
Listen in to learn about the African Water Investment Platform! Hubert Danso, Chairman & CEO of Africa investor along with Matthew Diserio, President of Water Asset Management, LLC joins us today on #TheIMPACT with Vincent Molinari to share with us about the public-private investment strategy focused on the water infrastructure and sponsored by the African Green Infrastructure Investment Bank (AfGIIB).
Tune in now – https://lnkd.in/gV9a3exx
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