Bluepeak invests $20m ESG-linked credit facility to boost regional connectivity
Private capital firm BluePeak is betting big on East Africa region following the firm’s $20 million investment to boost reginal connectivity. CNBC Africa is joined by Adam Hadidi, Founder & Managing Director, Bluepeak Private Capital on just why ESG-linked investments are critical as countries aim towards net zero emissions
Tue, 28 Nov 2023 10:34:22 GMT
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AI Generated Summary
- BluePeak's $20 million investment in the East Africa region aims to boost regional connectivity and accelerate sustainability practices in the logistics sector.
- The ESG-linked investment signals a commitment to driving improvements in environmental, social, and governance factors, addressing challenges such as carbon footprint and promoting gender equality.
- Despite risks like inflationary pressures and global crises, private equity investors like BluePeak see significant growth potential in sectors like healthcare, real estate, telecoms, and logistics in East Africa.
Private capital firm BluePeak has made a significant $20 million investment in the East Africa region to enhance regional connectivity. The investment is aimed at accelerating growth and sustainability practices in the logistics sector, particularly focusing on environmental, social, and governance (ESG) factors. In a recent interview with CNBC Africa, Adam Hadidi, the Founder & Managing Director of Bluepeak Private Capital, shed light on the rationale behind the ESG-linked investment and the potential impacts it could have on the region's development. As more countries strive to achieve net zero emissions, investments like these play a crucial role in driving positive change and fostering sustainable growth across sectors. Hadidi highlighted the importance of addressing challenges such as carbon footprint, gender equality, and diverse investments to create a more resilient and environmentally friendly business environment. With a strong belief in the growth prospects of East Africa, BluePeak is committed to deploying more capital in the region to support high-growth businesses and sectors like healthcare, real estate, telecoms, and logistics. Despite the evolving risks and uncertainties, including inflationary pressures and global crises, private equity investors like BluePeak see immense potential in the region and aim to navigate these challenges by promoting supply chain efficiency and mitigating logistic risks. With a focus on sustainability, scalability, and emerging trends like e-mobility, BluePeak anticipates significant growth opportunities in the East Africa region over the next five years.