British International Investment is the UK’s Development Finance Institution, backed by the Government of the United Kingdom.
We are an impact investor with 75 years’ experience of investing in emerging economies across Africa, Asia and the Caribbean. We have total assets of £8.1 billion and investments in over 1,470 businesses, including 768 business in Africa.
We have over six decades’ experience of investing in African power and are the majority shareholder of Globeleq, Africa’s leading IPP developer with 17 operational plants totalling over 1,790MW in seven countries.
Other recent investments include the 540MW/1.1GWh Kenhardt solar + battery plant in South Africa, which became operational in December 2023, the 52MW Malindi solar project in Kenya, the Redstone 100MW concentrated solar project in South Africa, and the 420MW Nachtigal hydropower project in Cameroon. BII has also partnered in separate JVs with Scatec and with the Aga Khan Fund for Economic Development/ Industrial Promotion Services to pursue further renewable projects in SSA. We also have a range of energy access investments in East and West Africa and investments in mini-grids in DRC, Burundi, Zambia, and Malawi through our subsidiary Gridworks.
African Energy is a brand of
