Development finance

The water infrastructure funding gap is the largest of any infrastructure sector in Africa. We sit down with Metito’s Rami Ghandour and BII’s Chris Chijiutomi to discuss their Africa Water Infrastructure Development (AWID) initiative.

The Urban Resilience Fund is a multi-vehicle blended finance initiative, backed by DFIs and other investors, to support climate-focused projects in sub-Saharan Africa.

The initiative aims to change the financial sector’s perception of water: not as an isolated sector but as an entry-point for multi-sector, local and regional impact investment opportunities.

The Article 9 fund will invest primarily in Africa and Asia. US International Development Finance Corporation, Swedfund, Swedish International Development Cooperation Agency and other partners will provide capital and guarantees.

The fund, which has backing from the UK government, will support local capital providers investing in SMEs whose activities help meet UN sustainable development goals.

Bernhard Kowatsch, head of the UN World Food Programme Innovation Accelerator explains how they source, support and scale high-impact innovations to achieve SDG 2 – Zero Hunger.

The project aims to boost Cambodia’s rural economy using climate-resistant coffee strains and sustainable growing techniques.   

Legal & General Capital has invested in the new female-led impact investment advisory firm which will fund projects across clean energy and renewables, sustainable mobility, health, and water and sanitation.

Launched by RGreen and Echosys Advisory, the new fund aims to improve financing for the development of Africa’s solar energy resources. 

Green guarantees are a key component of the EU’s drive to support energy transition and climate adaption in developing countries. A large share of the investment programmes will be implemented by DFIs, as FMO’s David Kuijper explains.