Africa: British International Investment Targets £9bn New Capital for Africa Economic Growth

British International Investment (BII), has launched its new five-year strategy, with the aim to drive £9 billion of new capital into Africa to support economic growth.

A central pillar of the strategy is a focus on accelerating the flow of private capital into African countries. Of the £9 billion, BII will contribute nearly £5 billion, with the balance expected to come from private institutions in Africa and globally. Drawing on nearly eight decades of investing experience in Africa, BII will…