Economy
BII Targets $5.3 Bln in Private Capital for Africa, Eyes Ethiopian Market
BirrMetrics · 2 hours ago · Read the Full Story on BirrMetrics
AI SUMMARY
British International Investment plans to mobilise up to $5.3 billion in private capital across Africa over five years, targeting East African markets including Ethiopia for expanded investment partnerships.
- British International Investment (BII) plans to mobilise up to 5.3 billion US dollars in private capital across Africa over the next five years.
- BII expects to commit approximately 6.7 billion US dollars of its own capital under its 2026–31 strategy while seeking to attract additional private investment.
- The initiative builds on 1.2 billion US dollars committed across East Africa during BII's previous five-year strategy.
- Ethiopia has been identified as one of the East African markets for potential investment approaches, alongside Kenya, Uganda, and Tanzania.
- BII has not disclosed specific country-specific investment allocations, projects, or funding targets for Ethiopia under the new programme.
- BII Chief Executive Officer Leslie Maasdorp convened a roundtable in Nairobi to discuss increasing domestic investment in businesses and infrastructure.
- Kenya's pension assets stood at KSh3.167 trillion in June 2026, with only 0.02 per cent allocated to infrastructure debt instruments and 0.62 per cent to Real Estate Investment Trusts.
- BII is exploring local-currency financing, blended finance, risk-sharing arrangements, and capital-market instruments to channel institutional funds into productive sectors.
- Economic growth across East Africa is projected at around 6 per cent in 2026–27.
- BII's East African operations are led by Regional Director Seema Dhanani.
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