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Emerging Africa, Titan, Fleur Capital Partner to Establish AAA Impact Fund
Ayodeji Ake
The Emerging Africa Group (EAG), a leading pan- African investment bank and fund manager, has entered into a partnership with two leading Asian financial institutions to establish the Africa Asia Arabia (AAA) Impact Fund for investments across the continents.
The two leading Asian financial institutions are Titan Financial Services Limited of Hongkong and China and Fleur Capital of Singapore.
According to them, the AAA Impact Fund has been conceived with the innovative goal of linking Africa, Asia and Arabia through impact investments in sustainable projects, technology companies and funds, including but not limited to the Emerging Africa Technology Fund.
Emerging Africa Group, with a successful track record of over $1 billion raised, will be the domain expert for the African market.
At the signing ceremony in Singapore recently, Emerging Africa was represented by its Founder & Executive Vice-Chair Mrs. Toyin Sanni and Head, Corporate Finance & Venture Capital,Toni Sanni.
Titan Financial Services Ltd of Hongkong & China with over $7 billion in asset, was represented by Director of Business Development, Ms Meng Yingzhi, while Fleur Capital, a Singaporean fund manager with $450 million under management, was represented by Co-Founder, Mr. Yap Chee Wee.
The ceremony, held during the New Chinese Lunar year, was witnessed and co-chaired by Chairman, Commonwealth Enterprise and Investment Council (CWEIC), Lord Marland, and Minister of State, Republic of Singapore, Alvin Tan, both of whom lauded the initiative as a formidable partnership between member nations of the Commonwealth and an opportunity to leverage on growing technological inventions and green investment initiatives using Singapore’s capabilities as a financial hub, Hong Kong and China’s significant financial resources and Africa’s young and vibrant economies and growing middle class.
Commenting, Mrs. Toyin Sanni said that the AAA Impact Fund will go a long way to bridge funding gaps for critical infrastructure and other resources caused by inadequate information, trust deficit and inadequate structures to support cross-border investments thus perpetuating poverty, inequality and inequities.
She expressed excitement at the partnership with Fleur Capital and Titan Financial Services and a strong optimism that the AAA Impact Fund will connect Africa with global financial centres and investments as well as impactful investment opportunities.
According to her, the Emerging Africa Group is committed to advancing Africa’s economy through innovative financing and investment solutions, with a strong focus on Environmental, Social and Governance (ESG) principles, leveraging its talent, innovation and collaborative efforts.