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UK and FirstRand mobilise $150mn to accelerate Africa’s energy transition

British International Investment and FirstRand partner to finance the decarbonisation of African companies through a facility focused on supporting high-emission sectors.

UK and FirstRand mobilise $150mn to accelerate Africa’s energy transition

CountriesAustralie, Brésil, Chine, Algérie, Royaume-Uni
CompaniesFirst National Bank, British International Investment, Rand Merchant Bank, FirstRand
SectorGaz, Carbone
ThemeInvestissements & Transactions

British International Investment, the United Kingdom’s development finance institution, has announced the creation of a $150mn facility in partnership with FirstRand, one of South Africa’s leading banking groups. The funding aims to support the energy transition across the continent by targeting high-emission companies.

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