British International Investment Commits £1.09bn To African Firms

British International Investment Commits £1.09bn To African Firms

British International Investment (BII), the UK’s development finance institution and impact investor, has committed £1.09 billion to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency. The sum was nearly 40 per cent more than its 2023 total of £725 million, despite the difficult investment environment caused by macroeconomic headwinds. BII’s total net assets increased to £9.9 billion from £8.5 billio…

UK Development Finance Institution Record Investment in Africa

British International Investment, the UK’s development finance institution and impact investor, announced that it had committed £1.09 billion to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency.

British International Investment committed over £1.09 billion to African firms in 2024 – Report

British International Investment (BII), the UK’s development finance institution, announced it increased funding to African firms by 40% in 2024, reaching £1.09 billion, up from £725 million in 2023.  The post British International Investment committed over £1.09 billion to African firms in 2024 – Report appeared first on Nairametrics.

BII Boosts Level of African investments by 40%, Reaching £1.09 billion in 2024 - Tech

British International Investment, the UK’s development finance institution and impact investor, announced today that it had committed £1.09 billion to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency. The sum was nearly 40 per cent more than its 2023 total of £725 million, despite the difficult investment environment caused by macroeconomic headwinds. BII’s total net assets increased to £9.9 billio…