British International Investment (BII) will deploy roughly £2.25bn (~$3bn) over
the next five years into some of Africa's highest‑risk markets that large global
institutions typically avoid. The allocation equals one quarter of BII's planned
£9bn Africa programme and is part of its 2026–2031 strategy. CEO Leslie Maasdorp
said BII will partner with local firms to deepen financial markets and remove
barriers blocking capital flows to companies and infrastructure. He noted many
African sovereigns are rated at least four notches below investment grade and
several are unrated, placing them outside the mandates of investors such as
Prudential, BlackRock and Brookfield Asset Management.