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United Kingdom
Ninety One Africa Credit Opportunities Fund 3A
British International Investment plc
This is the third fund by Ninety One in their Credit Opportunities strategy. BII invested USD 30m, enabling a first close of USD 260m, which will help the fund target USD 500m in final close.
Mobile Power Ltd
British International Investment plc
Founded in 2017, Mobile Power operates a battery-as-a-service business powered by small scale distributed solar energy in Sierra Leone, Liberia, Nigeria, and the Democratic Republic of Congo. MOPO offers two patented batteries as alternatives to solar home systems, generators, mini-grids and unreliable grids. Batteries are rented on a pay-per-use basis through a network of agents. There is no deposit or minimum energy usage, enhancing access and affordability. The batteries support various applications, including charging mobile phones, lighting, and productive use equipment like fridges and e-bikes, meeting household and/or micro business energy needs for up to 24 hours.
Support to the International Security Sector Advisory Team
UK - Foreign, Commonwealth Development Office (FCDO)
To deliver effective security and justice interventions through the International Security Sector Advisory Team by providing guidance to help bilateral donors and multilateral organisations deliver effective and politically-informed security and justice responses based on lessons from the field and the evidence base. Also to improve the co-ordination and technical support between donors and their engagement with multilateral organisations in the security and justice sector.
MECS - Modern Energy Cooking Services
UK - Foreign, Commonwealth Development Office (FCDO)
MECS is the FCDO research and innovation programme that accelerates the uptake of clean and modern energy cooking practices in Africa, South Asia, and the Indo-Pacific, in alignment with the objectives of Sustainable Development Goal 7. Targeting the 2.1 billion people who still lack access to clean cooking solutions in developing countries (especially women), MECS develops research around modern energy cooking, funds pilots to scale up new clean cooking technologies and business models in developing countries, and conducts policy research to inform and influence national strategies and planning. MECS is delivered via two lead organisations - Loughborough University and the World Bank ESMAP – in collaboration with hundreds of regional and local downstream partner organisations (including 16 other universities). It contributes to International Climate Finance (ICF) objectives and is one of the main FCDO programmes contributing to the £1b Ayrton Fund for clean energy innovation.
Verification and Technical Assurance Programme, Ukraine (VERITAS-UKR)
UK - Foreign, Commonwealth Development Office (FCDO)
Since the full-scale Russian invasion, Ukraine has experienced heavy fighting, air-raids and strikes on people, communities and infrastructure. FCDO has scaled-up its ODA programming to address the devastating consequences. BEK’s programming is often in hard-to-reach areas, where the needs are greatest and security threats are heightened. BEK staff cannot travel to directly to verify the delivery and assure the quality of programmes. VERITAS-UKR addresses this challenge by providing vital verification, assurance and evidence to improve the quality and integrity of BEK’s ODA programming. It has four objectives: Third Party Monitoring (TPM), generating portfolio-evidence on topics of cross-cutting interest, transparency (supporting monitoring initiatives in civil society) and a programme-funded staff-post for monitoring and results.