GuarantCo

GuarantCo, part of The Private Infrastructure Development Group, has provided a VND 1,000bn (c. USD 40m) guarantee for green bonds issued by I.D.I INTERNATIONAL DEVELOPMENT AND INVESTMENT CORPORATION, a subsidiary of Sao Mai Group and a leading sustainable fish export company in Vietnam.   This is the first green bond transaction in the aquaculture sector in Asia and the first local currency (VND) green bond issued by a non-financial institution corporate. The proceeds will enable the next stage of the company’s growth through the development of pangasius fish processing, as well as seeding and hatching facilities. This is in response to a projected 1.4 per cent growth in global fish consumption and increasing export demand, specifically for Vietnamese pangasius, from traditional and new markets in the coming years. The growth will increase income generation for local farming households who are contracted to cultivate the fish. The transaction aligns and contributes to multiple sustainable development goals (SDGs), including SDG 14 (Conserve and sustainably use the oceans, seas and marine resources for sustainable development). The successful issuance of this green bond further demonstrates the untapped market potential for green financing instruments to help address the significant investment and infrastructure financing gap in #Vietnam. Congratulations to the deal teams and thank you to our partners for supporting this transaction. Manulife Vietnam, AIA Vietnam, Công ty TNHH Chứng khoán Ngân hàng Ngoại thương Việt Nam (VCBS), Global Green Growth Institute, FiinRatings - Vietnam Credit Rating Agency. https://lnkd.in/e9CmJbKy #impactinvestment #sustainableinfrastructure #developmentfinance

Today is International Day for the Elimination of Violence against Women. In recognition of this important campaign, we want to illustrate how an impact assessment of a project’s alignment with the United Nations’ Sustainable Development Goals - including gender equality - is integral to GuarantCo’s investment decisions. For example, Guarantco has partnered with Acorn Holdings Limited for the past five years to realise its vision for green, safe and affordable student accommodation in Nairobi through the provision of bond guarantees. Our Impact team worked closely with Acorn to ensure gender considerations were factored into the project, with over 60% of the student residents expected to be women. This included separate floors for women, female security staff, good lighting in and around the buildings, CCTV and biometric access. Acorn hired a Gender and Safeguarding Officer to oversee these initiatives and deliver training. In October 2019, GuarantCo provided a guarantee backed loan for K-Electric to support its energy infrastructure safety programmes in Karachi. This partnership has included a technical assistance grant to support the company’s award-winning Roshni Baji safety awareness programme that empowers women to step into paid roles in the community and trained the first female electricians in Pakistan. A recent impact study highlighted how the programme helped reduce the Roshni Baji’s reliance on male relatives or partners by providing them with a salary, martial arts and motorcycle training, the skills to read their electricity meters and bills and electrical safety awareness. https://lnkd.in/eufBu-nW There is no excuse for gender-based violence. Yet violence against women and girls remains one of the most prevalent and pervasive human rights violations in the world. Gender empowerment cannot be achieved without first safeguarding women. We fully support UN Women in working to break the silence, support victims and promote lasting change through legal reforms, education, and advocacy. The Private Infrastructure Development Group #GlobalGoals #Genderequality #Impactinvestment

Next week, Dave Chalila, Head of sub-Saharan Africa Investments, will be attending the Africa Renewables Investment Summit in Cape Town. He will join other key players in the sector looking for opportunities to help accelerate clean energy investment across Africa. https://lnkd.in/g-ah3hPT The Private Infrastructure Development Group #impactinvestment #cleangrowth #sustainableinfrastructure

PIDG CEO Valahu Philippe Philppe recently spoke to The Economist about investing in projects in Africa and risk (see the first comment for the link). In his latest article, he expands on risk in emerging markets.    Our understanding of the places in which we work equips us to challenge risk perceptions and help investors better understand the risks associated with an opportunity. Overcoming misperceptions of emerging market risk will unlock a vast wave of opportunities for investors. By mobilising private capital we can transform infrastructure, strengthen climate resilience, and accelerate sustainable development at scale. https://lnkd.in/eK2iVDtC

Since COP28, we have started working with Africa GreenCo to boost renewable energy in Southern Africa. Our USD27m guarantee is expected to enable up to USD270m of private sector investment to flow into the market. https://lnkd.in/ekC-VqEB The Private Infrastructure Development Group #Championingchange #COP29 #impactinvestment

Since COP28, we have been involved in two exciting #EV transactions to develop financing solutions increasing access to electric mobility in #India. We are delighted to be #ChampioningChange in our work with Axis Bank, Everest Fleet and Vivriti Capital. https://lnkd.in/eH3BFR-9 https://lnkd.in/gVDj4-ga The Private Infrastructure Development Group #COP29

One of the largest roadblocks to intra-African trade is a shortfall in quality cross-border infrastructure, with trade connectivity between African nations complicated by an unintegrated network of highways and logistics, and custom regimes that vary nation-to-nation. This morning at #GTRAfrica, a high-level discussion assessed the variety of policy and financier solutions emerging to build and future-proof African infrastructure for exports and trade facilitation. Experts assessed the latest #AfCFTA developments, the outlook for #multilateral and #DFI finance for regional infrastructure connectivity and de-risking investment, and the strategies for fixing capacity issues and making #Africa a strategic trade and port hub. 🗣️ Gabriel Buck (GKB Ventures) 🗣️ Dayo Idowu (DLA Piper Africa, Nigeria) 🗣️ Francois Pennetier (UK Export Finance (UKEF) 🗣️ Robert Besseling (PANGEA-RISK) 🗣️ Guillaume Carta (GuarantCo) Thank you to those who joined us in #London. Follow GTR and event discussions at https://lnkd.in/ef8dASQF. #GTRAfrica #TradeFinance #ExportFinance #InfrastructureFinance #TradeConnectivity

Do you want to know how GuarantCo, a company of the The Private Infrastructure Development Group, helps get critical infrastructure projects in emerging markets off the ground? Tune into the latest GuarantCo Blended Knowledge podcasts on our valued partnerships with beneficiaries, certified green bonds, secondary market liquidity and developing capacity in new markets. https://lnkd.in/eM76aTA7 With thanks to our partners across Africa and Asia for their insightful contributions: Axis Bank, Ecobank Ghana PLC, Societe Generale, Stanbic IBTC, AIA, Generali, Manulife, MetLife, Acorn Holdings Limited, Acre Impact Capital, African Development Bank Group, Cellcard (CamGSM PLC.), Convergence Blended Finance, DLA Piper, EVN Finance Joint Stock Company, FSD Africa, GreenYellow Indian Ocean, InfraCredit, MetLife Bangladesh, NAM LONG, Pran Agro Limited, Runner Automobiles Ltd., Standard Chartered, Sustainalytics, and many others. Ollie Guillou #blendedfinance #sustainableinfrastructure #impactinvestment

Guillaume Carta, Investment Director at GuarantCo, a company of The Private Infrastructure Development Group, will join a panel at tomorrow's Global Trade Review (GTR) Africa event in London. The session will address the long-term infrastructure outlook and how to get finance models right for intra-Africa development. Guillaume will speak from his perspective of helping to deliver GuarantCo's range of credit solutions that enable sustainable infrastructure projects in lower-income countries. #impactinvestment #SDGs #climatesolutions #developmentfinance

Sarah S., Investment Associate Director at GuarantCo, a The Private Infrastructure Development Group company, is participating in a panel discussion later today at Loan Market Association (LMA) East Africa Conference in Nairobi. The session will explore the future of African risk distribution and the growing importance of private credit, ECAs, guarantees and insurance. Sarah will speak from her experience of employing GuarantCo's local currency credit solutions to mobilise private sector capital for the financing of essential infrastructure projects. https://lnkd.in/eQbHZXn9 #impactinvestment #creditsolutions #blendedfinance