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Emerging Africa Capital signs MoU with Titan Financial Services, Fleur Capital for AAA Impact Fund

Emerging Africa Capital signs MoU with Titan Financial Services, Fleur Capital for AAA Impact Fund

The Emerging Africa Group has just announced its latest global initiative, a partnership with two leading Asian financial institutions for the establishment of 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.

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, a leading pan-African investment bank and fund manager with a successful track record of over $1 billion raised will be the domain expert for the African market.

At the signing ceremony, Emerging Africa Group was represented by Toyin F Sanni, its Founder and Executive Vice-Chair, Toni Sanni, head, Corporate Finance and Venture Capital.

Titan Financial Services Limited of Hongkong & China with over $7 billion in asset was represented by Meng Yingzhi, director, Business Development. On the other hand, Fleur Capital, a Singaporean fund manager with $450 million under management, was represented by Yap Chee Wee, Co-Founder.

The ceremony held during the New Chinese Lunar year was witnessed and co-chaired by Lord Marland, Chairman, Commonwealth Enterprise and Investment Council (CWEIC) and Alvin Tan Minister of State, Republic of Singapore 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.

Also present at the signing, were the Host and Adviser to consortium, Raymond Huang, Country Chair for Singapore at Commonwealth Enterprise and Investment Council (CWEIC), Boh Soon Lim and other representatives of the Investor community.

Commenting on the landmark event, Toyin Sanni remarked 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.

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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