DI Frontier Market Energy & Carbon Fund is a investment fund with a unique focus on renewable energy and carbon credit generating assets in less developed emerging markets in Sub-Saharan Africa
Frontier markets face a major energy challenge in both the short and long run. The increasing gap between supply and demand is not driven by global economic growth, but rather by a host of local factors. The question is not whether frontier markets have a major need for investments in their power sectors. The question is how the gap can be bridged in a financially attractive, and a socially and environmentally responsible way.
DI Frontier Market Energy & Carbon Fund (the Fund) is a EUR 60m Danish based investment fund with a focus on renewable energy and carbon credit generating assets in less developed emerging markets in Sub-Saharan Africa. The investor base includes European and African institutional investors and Development Finance Institutions.
The Fund is characterised by a novel investment strategy and approach which sets it apart from the way most funds work. The main distinguishing feature is an integrated approach to project development, investment, and carbon trade. The Fund has a focus on Eastern and Southern Africa. Core focus countries include: Kenya, Mozambique, Tanzania, Uganda and Zambia.
Support
Frontier Investment Managment is grateful for the generous support from several entities for the establishment and operations of DI Frontier Market Energy & Carbon Fund.
Confederation of Danish Industry (DI) has fathered and supported the establishment of DI Frontier Market Energy & Carbon Fund and will continue to do so during its operation as a shareholder in the general partner of the Fund.
The Danish Industry Foundation has provided extensive support in the form of a loan of nearly 6m DKK for the development and establishment of the Fund
The Seed Capital Assistance Facility (SCAF) funded by AfDB and UNEP and administered by Frankfurt School – the UNEP Collaborating Centre for Climate & Sustainable Energy Finance is supporting the Fund with USD 1m for the development of investable projects.
Finally, the Fund has been partly financed with the financial assistance of the European Union. The views expressed on this website can in no way be taken to reflect the official opinion of the European Union.