Our investment
Description of the investment.
Description of the investment.
We are providing Africa Water Infrastructure Development (AWID) with a project development loan (PDL) for undertaking feasibility studies for the delivery of climate finance-qualifying projects and hence contribute to mitigation objectives and enhance climate resilience against climate change.
Impact information
Applies to investments made from 2019 onwards. The tabs in this section define what we expect to achieve through the investment, assessing the potential impact of the investment against six dimensions of impact. You can find more details on our methodology of assessing impact here.
Applies to investments made from 2019 onwards. The tabs in this section define what we expect to achieve through the investment, assessing the potential impact of the investment against six dimensions of impact. You can find more details on our methodology of assessing impact here.
What?
| Impact |
|---|
Reduced GHG emissions and increased adaptation and resilience of water infrastructures (SDG 11, 13) Treat wastewater to increase water-use efficiency through recycling and safe water reuse; reduce the number of people suffering from water scarcity; strengthen resilience and adaptive capacity against climate-related shocks (SDGs 6.3, 6.4, 13.1) Improve access to safe and affordable drinking water; reduce deaths and illnesses from waterborne diseases (SDGs 6.1, 3.3) |
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How?
| Primary | Secondary |
|---|---|
|
Direct: The feasibility studies, if successful, will result in the development of water infrastructures with reduced adverse climate impacts and greater ability to withstand climate shocks. Economic enabler: Develop, finance, and construct water and wastewater treatment plants to improve the availability, reliability, quality and efficient use of water in Africa, thereby improving quality of life for end consumers, providing greater resilience to the current and predicted impacts of climate change, and preserving the depletion of natural capital. |
Catalysing market: The feasibility studies, if successful, will demonstrate a commercially viable business model in the context of A&R financing and investing. This, in addition to the innovative PPP model, will unlock private investment into WASH investments in Africa, thereby attracting additional commercial capital to the pipeline. |
Who?
| Stakeholder | Geography | Characteristics |
|---|---|---|
| Planet |
Global |
|
| Consumers/Residents and Businesses |
Kenya, Guinea, and Sierra Leone |
Africa is the most vulnerable continent to the adverse effects of climate change due to its low adaptive capacity and also the largest percentage of population without access to clean water and low levels of treatment of wastewater. |
How much?
| Scale | Depth/Duration |
|---|---|
|
The feasibility studies include an environmental and social impact study covering all of the Project’s development. This will provide clarity on the types of businesses that will lease the land and provide revenue streams that make the project feasible. Understanding the makeup of these leases and the underlying customers they are servicing will support BII in estimating the scale and depth of impact of climate adaptation and resilience. |
Contribution/additionality
| Contribution/additionality |
|---|
|
Our contribution is driven by financial additionality where we are confident that our capital is not available at all to fund these feasibility studies needed to realise the project. Our capital is therefore essential in enabling these studies and a feasible project design, thereby unlocking an equity investment from AWID and Kinetic loan repayment at financial close. |
Risk
Execution RiskA commercial player such as Metito might not pursue new or high-impact projects, including by failing to implement climate mitigation, adaptation and resilience measures. Based on the existing pipeline, we do believe there is alignment on the developmental strategy to implement and BII will assess greenfield opportunities in the context of expected impacts for people and/or planet. |
Environmental and social information
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Environmental and social summary
A high-level description of the environmental and social aspects of the investment. This may include a summary of key environmental and social risks identified during environmental and social due diligence (ESDD); key elements of an environmental and social action plan (ESAP); or ways in which we plan to support the investee improve environmental and social standards, such as through their environmental and social management system (ESMS); as well as any other priority areas agreed with the investee.
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Environmental and social risk
A risk category rating, which indicates the level of environmental and social risk associated with an investment. For an explanation of the categorisations used, see here. We consistently provide an environmental and social risk category for all investments screened from 2023 onwards.
Environmental and social summary
The Umbrella Facility’s design includes systematic incorporation of environmental, social and climate assessments in line with international standards as part of the funded feasibility studies.
Environmental and social risk
Low
Reporting and Complaints Mechanism
The Reporting and Complaints Mechanism allows anyone outside BII to report alleged breaches of the business integrity or environmental and social provisions of BII’s Policy on Responsible Investing. This includes breaches made by BII, a BII investee, or a portfolio company of a fund in which BII has invested. The Reporting and Complaints Mechanism Rules are available here. Reports and complaints can be submitted by email to [email protected] or by mail. See more details on our Reporting and Complaints Mechanism here.
For any other general enquiries contact us at [email protected]
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Key facts
- Last updated
:
When the last quarterly update of the website database occurred.
- June 2026
- Project number
:
An identifier number shared by investments in the same project.
- D9718
- Status
:
The current status of the investment (green flag for active and red flag for exited).
- Active
- Region
:
The geographical region where the country is located. We currently invest in Africa, South Asia, South East Asia and the Caribbean. In 2023, BII’s investment mandate was extended allowing it to invest in regional funds linked to Ukraine, with the majority of activity expected to begin post-war. Investments outside these regions were made prior to 2012 under previous investment mandates.
- East Africa, North Africa
- Country
:
The countries where the investment delivers impact. Where impact is delivered in multiple countries, this is indicated.
- Egypt, Rwanda
- Sector
:
We prioritise those sectors that facilitate development and need our capital the most. Our priority sectors contribute towards many of the Sustainable Development Goals. They range from investing in the power infrastructure that will provide people with better access to electricity, to investing in financial institutions that direct capital to the individuals and businesses that need it the most.
- Infrastructure
- Sub sector
:
The sub-sector that the investment is made into; this provides a more granular level of detail than the ‘sector’ information
- Water Utilities
- Investment policy :
- Kinetic
- Investment type :
- Debt
- Start date :
- December 2025
- Amount :
- $5m
- Currency of investment :
- USD
- Domicile
:
The company or investment fund’s place of incorporation.
- Guernsey
We provide capital in the following ways: directly – through direct equity, direct debt, guarantees and other non-intermediated financial instruments; and indirectly – principally through investment funds.
Type of investment portfolio that each investment is made under. Since 2014, we have run two investment portfolios: Catalyst and Growth. In addition, our Kinetic Portfolio enables us to manage concessional investment strategies.
For direct investments and fund investments, this is the date BII committed capital to the investments. This is typically the date on which legal agreements are signed by all parties.
For the portfolio companies of our fund investments, this is the date (either the month or the quarter) on which the fund committed capital to the portfolio company.
For direct equity investments, this is the date at which British International Investment exited the investment.
For debt investments, this is the date at which the final debt repayment was made.
For funds, this is the date at which the fund was terminated.
For underlying fund investments, this is the date at which the fund manager exited the investment.
The total amount committed, per financial instrument, per investment, on the date BII becomes subject to a binding legal obligation to provide funding or assume a contingent liability. This information is provided in US dollars.
For direct investments, this is the amount that BII has committed to the business or project. For fund investments, this is the amount BII has committed to the fund.
The currency in which the investment was made.
- Last updated
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Gender and climate finance facts
- Climate finance
:
Indicates whether the investment is climate finance qualified or partially climate finance qualified and the type of climate finance (adaptation, mitigation or both). We define climate finance using the multilateral development bank (MDB) and the International Development Finance Club (IDFC) Common Principles climate finance methodology. See Common Principles for Climate Mitigation Finance Tracking and Common Principles for Climate Change Adaptation Finance Tracking. We provide the climate finance qualification and type for commitments from 2020 onwards, which is when we launched our Climate Change Strategy.
- Fully qualified
- Climate finance type
:
Mitigation: Indicates investments which, by avoiding or reducing GHG emissions or increasing GHG sequestration, contributes substantially to the stabilisation of GHG concentrations in the atmosphere – at a level which prevents dangerous anthropogenic interference with the climate system consistent with the long-term temperature goal of the Paris Agreement
Adaptation: Indicates investments aimed at preventing or reducing the risks or vulnerabilities posed by climate change and increasing climate resilience. This includes both adapted activities and enabling activities to manage and reduce physical climate risks
Dual: Indicates investments directed towards activities contributing to both climate change mitigation and climate change adaptation and meeting the respective criteria for each category
The climate finance type of the investment is determined at time of commitment.
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- Dual
- Climate finance
Related investments made by BII into this company:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $4.84m, $8.45m | East Africa, North Africa | Infrastructure | September 2022 | Active |
| Investment 02 | $310k | East Africa, North Africa | Infrastructure | November 2025 | Active |
