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Investment name Country Region Sector Status
Mwenga Hydro Limited

Rift Valley Energy (RVE) is a rural renewable energy infrastructure platform, which develops, finances, owns and operates renewable energy generation assets and a rural power distribution network in Southern Tanzania.

Website:
https://www.riftvalleyenergy.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $5.59m East Africa Infrastructure December 2024 Active
Tanzania East Africa Infrastructure Active
Nachtigal Hydro Power Company SA

420 MW hydro power project in Cameron. Project shareholders are EDF (40%), IFC (20%), the Republic of Cameroon (15%), Africa 50 (15%) and STOA (10%)

Website:
https://www.nhpc.cm/en/home/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $101.87m Central Africa Infrastructure November 2018 Active
Cameroon Central Africa Infrastructure Active
Naledi AG

Naledi is the entity through which the shareholders of Agristar Holdings own their share in Global Macadamias Marketing, a leading marketing company for macadamia nuts.

Website:
https://agristargroup.co.za/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $32.96k Southern Africa Food and agriculture March 2024 Active
South Africa Southern Africa Food and agriculture Active
Namdev Finvest Private Limited

Namdev is a financial lender for families and micro, small and medium-sized businesses in rural and semi-urban markets. It offers products for those at the bottom of the financial pyramid.

Website:
https://www.namfin.in/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $2.99m South Asia Financial services December 2023 Active
India South Asia Financial services Active
Narayana Health

Narayana Health is India’s largest affordable healthcare chain, operating a range of multi-speciality hospitals across the country.

Since its first facility was established in Bengaluru with 225 operational beds, it has grown to 24 hospitals, seven heart centres and a network of primary care facilities across India with a total of over 6,000 beds.

The company has been consistently held up as an innovator in affordable health models, particularly its ‘assembly line’ approach to achieve low-cost at scale. Its founder, Dr Devi Shetty has been described as the ‘Henry Ford of medicine’.

Website:
https://www.narayanahealth.org/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $48.24m South Asia Health December 2014 Exited
Investment 02 $1.25m South Asia Health October 2018 Exited
India South Asia Health Exited
Nepal Water and Energy Development Company

BII has committed to providing financing for the construction of a landmark hydro-electric plant in central Nepal, Upper Trishuli-1.

Website:
https://nwedcpl.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $21.97m South Asia Infrastructure October 2019 Active
Nepal South Asia Infrastructure Active
Newglobe Schools Inc

NewGlobe Schools Inc is a chain of nursery and primary schools delivering high-quality education for just $5 a month (on average).

Website:
http://www.bridgeinternationalacademies.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $6m West Africa Education December 2013 Exited
Investment 02 $1.6m West Africa Education November 2016 Exited
Nigeria West Africa Education Exited
nextProtein

NextProtein is a company with a mission to produce insect-based protein for animal feed to accelerate sustainable agriculture and address feedstock and resource scarcity with close to no carbon footprint.

Website:
https://nextprotein.co/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $8.66m North Africa Food and agriculture August 2025 Active
Tunisia North Africa Food and agriculture Active
NMB Bank Limited

NMB Bank Limited is a registered commercial bank and the principal subsidiary of NMBZ, established in October 1992. The bank is wholly owned by NMBZ Holdings Limited (NMBZ) – a Zimbabwe based investment holding company involved in Banking, Microfinance, Real Estate, Customised Technology Services and Bancassurance. The holding company is listed on the Zimbabwe Stock Exchange.

Website:
https://www.nmbz.co.zw/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $10m Southern Africa Financial services June 2024 Active
Zimbabwe Southern Africa Financial services Active
NMB Bank Ltd.

NMB Bank is one of Nepal’s leading commercial banks, with 201 branches across Nepal. It is licensed as an “A” financial institution by Nepal Rastra Bank and was founded in 1996. It currently serves a range of large and medium-sized business customers.

Website:
https://www.nmb.com.np/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m South Asia Financial services November 2018 Exited
Investment 02 $25m South Asia Financial services July 2022 Exited
Investment 03 $22m South Asia Financial services March 2025 Active
Nepal South Asia Financial services Active
NMB Bank Plc

NMB is a leading Tanzanian commercial bank that serves retail, SME and corporate clients. Established in 1997, NMB has grown successfully into a top two bank by both asset and most profitable bank in Tanzania. With over 4 million customers, 224 branches and a balance sheet of over US$4 billion, the bank continues to play a key role in helping its clients’ growth and advancing Tanzania’s social and economic development agen

Website:
https://www.nmbbank.co.tz/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m East Africa Financial services September 2023 Active
Tanzania East Africa Financial services Active
Novvagrid Limited

Leading Nigerian provider of solar energy solutions founded in 2013 to build solar systems for the residential (SHS) and commercial sectors (C&I). The Fund Invested USD 5m and BII co-invested USD 3.5m.

Website:
https://arnergy.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $3m West Africa Infrastructure December 2024 Active
Nigeria West Africa Infrastructure Active
NSIA Banque Benin 2025 – 2033

African financial group offering competitive and innovative solutions in Insurance and Banking, with a view to providing the customer with projection and financing and participating in the economic and social development of countries.

Website:
https://www.nsiabanque.bj/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $14.19m West Africa Financial services July 2025 Active
Benin West Africa Financial services Active
Obelisk Solar Power S.A.E.

The company, Obelisk Solar Power S.A.E., is a special purpose vehicle incorporated in Egypt for the purpose of constructing and operating a 1.125GWp Solar PV +100MW/200Mwh Battery Energy Storage System in Egypt.

Website:
https://www.obelisk.com/services/renewables/solar-pv

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m North Africa Infrastructure June 2025 Active
Investment 02 $100m North Africa Infrastructure June 2025 Active
Egypt North Africa Infrastructure Active
Odyssey Energy Solutions Procure I, INC.

Odyssey Energy Solutions (Odyssey) partners with financial institutions to accelerate capital deployment into distributed energy. Its digital platform streamlines solar financing workflows and asset monitoring while facilitating procurement with embedded credit to finance construction stage Distributed Renewable Energy (DRE) projects

Website:
https://odysseyenergysolutions.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $7.5m Caribbean, Central Africa, East Africa, Global, South America, South Asia, Southeast Asia, Southern Africa, West Africa Infrastructure July 2025 Active
Benin, Brazil, Cameroon, Colombia, Cote d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Global, Haiti, India, Indonesia, Kenya, Laos, Liberia, Madagascar, Malaysia, Mali, Mauritania, Mozambique, Nigeria, Sierra Leone, Singapore, Tanzania, Thailand, Togo, Uganda, Zambia Caribbean, Central Africa, East Africa, Global, South America, South Asia, Southeast Asia, Southern Africa, West Africa Infrastructure Active
Onomo Hotels

Established in 2009, ONOMO Hotels is a Casablanca-headquartered hotel group targeting African business travellers.

The company currently operates ten hotels across Africa located in South Africa, Togo, Mali, Guinea, Côte d’Ivoire, Senegal, Gabon and Rwanda. It plans to open nine new hotels in Morocco, Cameroon, Mozambique and Uganda by the end of 2019.

Website:
https://www.onomohotel.com/en/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $53.55m Africa Construction and real estate November 2017 Exited
Africa Africa Construction and real estate Exited
Pakistan Telecommunication Company Limited

PTCL is a leading digital infrastructure company in Pakistan controlled by global telecom major E&. The transaction is a USD 50m commitment from BII to support its planned acquisition of Telenor Pakistan (“Telenor”), the 2nd largest Mobile Network Operator (“MNO”) in Pakistan, and a wholly owned subsidiary of the Norwegian Telenor Group. BII’s commitment is part of a USD 400 million facility in collaboration with IFC.

Website:
https://ptcl.com.pk/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $50m South Asia Technology and telecoms June 2024 Active
Pakistan South Asia Technology and telecoms Active
Paradigm Tower Ventures

Paradigm Infrastructure was established in 2019 to pursue opportunities to develop shared wireless infrastructure in selected emerging and growth markets. Responsible for operation of over 90,000 towers sites and the negotiation of multiple tower transactions.

Website:
https://paradigm-infra.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $44.4m East Africa Technology and telecoms September 2025 Active
Kenya, Rwanda East Africa Technology and telecoms Active
Paymob International B.V.

Paymob is a financial technology company based in Egypt. It allows merchants to accept digital payments online and in-store.

Website:
https://paymob.com/

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $5m North Africa Financial services April 2022 Active
Investment 02 $2.8m North Africa Financial services August 2024 Active
Egypt North Africa Financial services Active
Phoenix Power 1 SAE

The Nubian Suns projects comprise 13 solar power plants located in the Benban Solar Park, near Aswan in Egypt. These plants will add a 590 megawatt (MW) capacity to the park.

Phoenix Power SAE is one of these plants, with a 5oMW capacity.

The projects are funded by a syndicate of lenders led by the IFC.

When complete, Benban will be the largest solar power installation in the world with up to 1.65GW capacity and 32 solar plants.

Nubian Suns play a central part in round 2 of the Egypt Feed-In Tariff solar power programme which is introducing international investors and banks to Egypt at a crucial time for the country.

The Egyptian government launched this large-scale initiative in 2015 and has offered strong support for the Nubian Suns projects.

Website:
https://weareinfinitypower.com/in-operation

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $11.6m North Africa Infrastructure October 2017 Active
Egypt North Africa Infrastructure Active
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Fund name Country Region Sector Status
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Download data (2185 rows)

Investment name Fund Country Region Sector Fossil fuel or renewable exposure Start date Status
Bayport Ghana Regional Education Finance Fund for Africa Ghana West Africa Financial services July 2018 Exited
Bayport Management Limited Helios Investors II Mauritius East Africa Financial services December 2013 Active
Bayport Management Limited Regional Education Finance Fund for Africa Mauritius East Africa Financial services December 2022 Active
Bayport Management Limited Ninety One Africa Credit Opportunities Fund (Investec) Mauritius East Africa Financial services September 2017 Exited
Bayport Tanzania Regional Education Finance Fund for Africa Tanzania East Africa Financial services March 2021 Active
Bayport Tanzania COVID-19 Emerging and Frontier Market MSME Support Fund Tanzania East Africa Financial services July 2021 Exited
Bayport Tanzania Regional Education Finance Fund for Africa Tanzania East Africa Financial services June 2022 Exited
BBI Amethis MENA Fund II Egypt North Africa Technology and telecoms January 2024 Active
Bboxx Africa Ltd. Africa Go Green Fund for Renewable Energy and Energy Efficiency S.C.S., SICAV - RAIF Cote d'Ivoire, Ghana, Senegal, West Africa Africa, West Africa Infrastructure Renewable September 2024 Active
Bboxx Africa Ltd. Energy Access Ventures Fund Cote d'Ivoire, Ghana, Senegal, West Africa Africa, West Africa Infrastructure Renewable June 2016 Active
Bboxx Capital Kenya Limited COVID-19 Energy Access Relief Fund Kenya East Africa Infrastructure July 2022 Active
Bboxx PEG Africa Holdco Ltd COVID-19 Energy Access Relief Fund Senegal West Africa Infrastructure November 2022 Active
BE Ghana Africa Renewable Energy Fund Ghana West Africa Infrastructure March 2018 Exited
BE Uganda Africa Renewable Energy Fund Uganda East Africa Infrastructure Renewable December 2016 Active
Beacon Power Services Corp Partech Africa II Ghana West Africa Infrastructure September 2024 Active
BeatO Healthquad Fund II India South Asia Health December 2022 Active
BECIS Bioenergy Pte. Ltd. Green Investment Partnership Cambodia, India, Indonesia, Philippines, Thailand South Asia, Southeast Asia Infrastructure September 2025 Active
BECS C&I Africa Renewable Energy Fund II Kenya East Africa Food and agriculture Renewable December 2022 Active
Beep Innovations Private Limited Stellaris Venture Partners II India South Asia Technology and telecoms September 2021 Active
Behtar Technologies Pvt. Ltd India Quotient Fund IV India South Asia Technology and telecoms March 2024 Active

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