Averi Finance Leads Energy Investment in Africa with White House and UAE Endorsement
Key Ideas
  • Averi Finance receives recognition from the White House and the UAE Government for its leading role in Africa's energy sector.
  • The firm has a strong track record with over $16 billion in investments across 15 emerging markets, focusing on sustainable development.
  • Averi Finance's recent acquisitions include significant solar and wind projects in South Africa and investments in high-voltage transmission lines in the SADC region.
  • Through the U.S.-UAE PACE initiative, Averi Finance aims to facilitate $5 billion in clean energy investments and reduce CO2 emissions by 90 million tons, aligning with their green and blue hydrogen projects.
Averi Finance has been endorsed by both the White House and the UAE Government as a prominent private investor in Africa's energy sector. This recognition stems from a meeting between U.S. President Biden and UAE President Sheikh Mohamed bin Zayed Al Nahyan, showcasing the partnership's emphasis on advanced technology and investments. With a remarkable track record of over $16 billion in investments spread across 15 emerging markets, Averi Finance remains committed to driving sustainable development. The firm's recent endeavors involve acquiring 3.85 GW of solar and wind projects in South Africa and making investments in high-voltage transmission lines in the SADC region. Additionally, as part of the U.S.-UAE Partnership to Accelerate Clean Energy (PACE) initiative, Averi Finance aims to facilitate $5 billion in investments to enhance energy infrastructure and reduce CO2 emissions by 90 million tons. These efforts are in line with the company's focus on green and blue hydrogen projects. Operating in various African countries, including Angola, South Africa, Zambia, DRC, Cameroon, Nigeria, Ghana, Togo, and Mauritius, Averi Finance supports the Power Africa Initiative by providing innovative financing solutions.
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