British International Investment

British International Investment (BII) is the UK's development finance institution and the world's oldest impact investor, established in 1948. As a government-backed organization under the Foreign, Commonwealth and Development Office, BII deploys patient, flexible capital to support private sector growth in emerging economies across Africa, Asia, and the Caribbean. With total assets of £7.5 billion, BII partners with over 1,000 businesses globally and aims to invest £10 billion between 2022 and 2026. BII's investment activity in Africa demonstrates a strong focus on fintech and energy sectors, with particular concentration in Nigeria, Kenya, and Egypt. The institution invests across multiple stages, from early-stage venture rounds through Series B and debt financing, with ticket sizes exceeding €10 million. Recent investments include payments and banking platforms, solar energy solutions, agricultural technology, and e-commerce businesses. BII commits at least 30 percent of new capital to climate finance, positioning itself as one of the world's largest climate investors in Africa and supporting the continent's transition to sustainable, inclusive economies.