In early 2018, Allianz Global Investors (AGI) made history by becoming the first insurance investor in the Emerging Africa Infrastructure Fund (EAIF), committing nearly $120 million in a structured 12-year loan. The Infrastructure Consortium for Africa indicated that $81.6 billion of investments were committed to infrastructure development in Africa in 2017. Yet according to the 2019 African Development Bank Report , $130 – $170 billion per year in investment is needed to close Africa’s infrastructure gap.
With initiatives like the African Development Bank’s Programme for Infrastructure Development in Africa (PIDA), the first steps have been made. Yet commentators are concerned by the lack of private sector activity within the area. AGI’s investment looks promising.
Join Invest Africa as we discuss what the future holds for infrastructure in Africa and how best to bridge the gap.
Marc Fèvre | Partner, London
Marc Fèvre is a partner co-chairs Baker McKenzie’s global renewable energy group. He represents developers, investors, lenders and governments on greenfield developments, project financings, public-private partnerships (PPPs) and secondary market transactions in the energy and infrastructure sectors with a particular focus on the energy transition. He has worked on greenfield energy projects across northern and sub-Saharan Africa as well as transport infrastructure projects and financings in the telecoms sector. He is passionate about how access to power can transform communities and the way in which new energy technologies are enabling this in Africa.
Calvin Walker | Consultant, London
Calvin Walker has more than 20 years’ experience working in the international project finance market. Calvin’s primary focus is the financing of international energy and infrastructure projects, particularly in the Middle East, Turkey, Russia and Africa. He acts for sponsors, lenders and governments and advises on project financing and acquisitions in the power, oil and gas, LNG, mining and infrastructure sectors.
Charlie joined the Aon M&A and Transaction Solutions team in EMEA in 2019. Prior to Aon Charlie worked for Lockton International where he was responsible for advising lenders and sponsors across avariety of industry sectors, including transportation, power and natural resources. Prior to Lockton, Charlie worked for Willis Towers Watson in the African Specialty team where he was responsible for advising clients such as Dangote, Actis and Safaricom. Charlie served as an Officer in the British Army for five years and is a qualified Chartered Insurance Broker.
Emilio Cattaneo | Executive Director
Emilio Cattaneo joined the Emerging Africa Infrastructure Fund (EAIF) in summer 2015, following 30 years working in international corporate finance, asset management and advisory roles, including in Africa, Latin America, India and Southern Europe. He brings to EAIF his wide management experience and of emerging markets, infrastructure finance and project finance in fragile states.
His responsibilities include EAIF’s business and growth strategy, securing deeper penetration of the sectors it lends to, providing strategic advice to the board and strengthening and widening relations with donor governments, private sector banks, institutional investors, and key international audiences. EAIF is a member of the Private Infrastructure Development Group (the PIDG). Emilio is the key operational interface between EAIF and the Fund’s manager, Investec Asset Management, and the PIDG.
Emilio graduated in biochemistry (with economics) from the University of Oxford. In addition to English and Italian, he speaks Portuguese, French and Spanish
Nicholas Oliver | Head of Business Development
Nicholas Oliver co-founded The NMS International Group Limited to undertake national infrastructure projects in Africa. The Group was founded as an exporting company from the start. NMSI has spearheaded investment and contracts into Sub Sahara Africa to deliver projects that have a positive impact on the communities in which they operate. Some $ 700 million has been won in the last three years. The NMS International Group won the Africa Investor “ African Social Developer of the Year – 2016 “. In addition NMS has been made a Commonwealthfirst SME Export Champion.
NMS has won a series of awards for its work in Africa including the 2013 Trade Finance Deal of the Year award from The Banker, Best International Project in 2015 from Architects for Health, Best use of Export Finance in 2016 from Export Excellence and is placed No 51 in the Sunday Times SME Export Track. NMS is currently undertaking or has interest in health and social projects and discussions in Ghana, Zambia, Zimbabwe, Nigeria, Cote d’Ivoire, Kenya , Burkina Faso, The Gambia and Cameroon.
Nick Oliver has over 20 years’ experience of business development in developing countries and has generated significant exports from Africa and the Far East for Britain. He is a procurement and funding specialist with extensive experience of structuring and delivery of complex international projects. He previously spent 20 years as a serving and then reserve officer of the British Army ( The Royal Scots Dragoon Guards ) after passing out from Royal Military Academy Sandhurst, winning the coveted Sword of Honour for his entry.
Nick also founded and is a Trustee of the Waterloo Military Families Fund raising funds for the families of British Military casualties.