Equity investments
Asian Development Bank invests in private equity water infrastructure fund
The Asian Development Bank (ADB) is investing up to US$ 20 million for its first-ever investment in a private equity fund solely focused on supporting the development of water-related infrastructure in the region. ADB’s Board of Directors approved the equity investment in the Amkonzen Asia Water Fund which will invest in water and wastewater assets [...]
Invest like a billionaire: water is the new gold
Last year, legendary investor Warren Buffet bought a water treatment provider, Nalco Holding Company, adding to other water-related investments in his wildly successful portfolio. (As of March 30, 2010, a single share of his company, Berkshire Hathaway, could be bought for $122,459.) The move sent ripples through the investing community: a clear signal that investing [...]
Latin America: Camif mezzanine fund in advanced negotiations – Empla
The Central American mezzanine infrastructure fund (Camif), which closed in 2009 at US$150mn, is offering long-term funding in 10 Latin American countries, fund manager EMP Latin America’s (Empla) senior associate, Lucas de Beaufort said. The fund’s partners are IDB, the World Bank’s IFC, the Netherlands Development Finance Company (FMO), the Central American Bank for Economic [...]
Asia: development banks set up shari’ah-compliant infrastructure fund
The Asian Development Bank (ADB) and the Islamic Development Bank (IDB) agreed, in June 2009, to set up Asia’s first major multi-country Islamic infrastructure fund. The Islamic Infrastructure Fund, targeted at US$ 500 million, will make Shari’ah-compliant equity investments in the 12 countries that are borrowing members of both development banks; currently Afghanistan, Azerbaijan, Bangladesh, Indonesia, [...]
Local sources of financing for infrastructure in Africa : a cross-country analysis
Irving, J. and Manroth, A. (2009). Local sources of financing for infrastructure in Africa : a cross-country analysis. (Policy research working paper ; 4878). Washington, DC, USA, African Sustainable Development Front Office, World Bank. ii, 84 p. Download here With the exception of South Africa, local financial markets in sub-Saharan Africa remain underdeveloped and small, [...]
Global water industry to reach US$1tr by 2020, says new market research
A new report from Lux Research forecasts that water-related business revenues, worth US$ 522 billion in 2007, will grow to US$ 961 billion in 2020. To meet increased water demand, the report suggests that a new approach of “water cultivation” characterized by efficiency, reuse, and source diversification will need to be adopted. Report highlights include: [...]
China equity fund to invest $300 mln in Africa
The China-Africa Development Fund (CADFund), launched in June 2007, plans to spend about $300 million on projects in Africa in 2008. The private equity fund was set up with an initial US$ 1 billion provided by the China Development Bank and plans to eventually grow to $5 billion. CADFund’s priorities are in agriculture and manufacturing [...]
India: Acumen Fund Announces New Water Portfolio Investments in Drinking Water and Irrigation for Low-Income Communities
New York, NY (PRWEB) June 3, 2008 — Acumen Fund, an international venture philanthropy fund [...] announced the following new investments as part of its expanding water portfolio: An USD 1,369,000 follow-up loan guarantee for WaterHealth International (WHI), for a financing facility they have established in India to build up to 200 rural community water systems; [...]
