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Averi Finance Gains Support from the White House and UAE for African Energy Projects
Averi Finance has received endorsement from the White House and the UAE Government as a leading private investor in Africa's energy sector. This recognition follows a meeting between U.S. President Biden and UAE President Sheikh Mohamed bin Zayed Al Nahyan, highlighting the partnership's focus on advanced technology and investments.
With over a $16 billion track record in 15 emerging markets, Averi Finance continues to drive sustainable development. The firm’s recent acquisitions include 3.85 GW of solar and wind projects in South Africa and investments in high-voltage transmission lines in the SADC region.
Under the U.S.-UAE Partnership to Accelerate Clean Energy (PACE) initiative, Averi Finance aims to facilitate $5 billion in investments, improve energy infrastructure, and reduce CO2 emissions by 90 million tons. This aligns with the company's ongoing green and blue hydrogen projects.
Averi Finance operates local offices across Angola, South Africa, Zambia, DRC, Cameroon, Nigeria, Ghana, Togo, and Mauritius, supporting the Power Africa Initiative with innovative financing solutions.
R. H.
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