#6 Kenya Capital Markets
Kenya is a crucible of innovation within East Africa. PIDG companies have been based in Kenya’s capital, Nairobi, for more than five years, and are helping to pioneer new infrastructure asset classes and private sector investment opportunities.
In this episode we discuss Kenya’s clear commitment to embracing change, we explore key projects PIDG has enabled, including the Acorn Affordable Student Accommodation and Kenya credit enhancement facility, and we highlight the opportunities presented by Kenya’s new strategic partnership with the UK. On the show are Sarah Siliya from GuarantCo, Gbemi Adeniyi-Williams from InfraCo Africa, Jasper Onyango from PIDG Technical Assistance, and Alastair Herbertson from the Emerging Africa Infrastructure Fund.
Welcome to the second episode of Increasing Risk Tolerance to Drive Impact – a podcast series from the Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group company – exploring ways to develop game-changing infrastructure in underserved geographies. Most infrastructure has been designed, implemented or run by men, often without considering female participation in decision-making, development or operation of projects. A common, albeit mistaken, assumption is that women automatically benefit from infrastructure projects in the same way as men.
The future of development finance is bright, as a number of exciting announcements were made at the COP28 climate conference last year. From a £391 million investment in PIDG, to the announcement of a new credit enhancement facility in Kenya, 2024 will be a year of positive change. PIDG’s strategy for the coming decade is ambitious, but despite a challenging 2023 it has been successful in placing climate and gender front and centre of its investment decisions.
The popularity of gender lens investing is rising rapidly. The landscape is constantly evolving, with regular new developments transforming the investment landscape. And at PIDG we’re actively shaping this evolution through innovative approaches and collaborations. Much has changed since our last episode on International Women’s Day, when we announced the PIDG Gender, Equity, Diversity and Inclusion (GEDI) Action. Here we expand on that discussion and find out how the GEDI has been received.
Welcome to the first episode of Increasing Risk Tolerance to Drive Impact – a podcast series from the Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group company – exploring ways to develop transformative infrastructure in underserved geographies across Africa.