Over 300 policymakers, investors, and leaders from more than 20 African countries are meeting in Nairobi for the third Sustainable Capital Markets Conference to find ways to unlock an estimated $4 trillion in domestic capital for development and climate projects.

• African institutional investors manage approximately $4 trillion, but only 2.7% is invested in infrastructure and productive sectors.
• Organized by FSD Africa and its partners, the conference aims to redirect these funds towards infrastructure, energy, climate resilience, and job-creating sectors amidst slowing foreign funding and rising government debt.
• Discussions will also cover the limited use of corporate bonds and will result in an Africa Capital Markets Roadmap to strengthen continental markets and mobilize domestic capital.

Standard Chartered Bank Kenya has launched a new investment platform, Signature Select Variable Capital Company (VCC), aimed at wealthy Kenyan investors seeking diversified wealth management solutions.

• The platform has already attracted over $20 million in assets under management.
• Key players include Standard Chartered Bank Kenya and global investment firms T. Rowe Price, BlackRock, Allianz Global Investors, and PIMCO.
• The Signature Select VCC allows investors to spread funds across four professionally managed strategies, catering to sophisticated investors looking to preserve and transfer wealth.

The newly formed Pack Hunters Investment Consortium is exploring strategies to mobilize private capital for crucial infrastructure projects in Kenya.

• The consortium aims to bridge the funding gap for national infrastructure needs by leveraging private sector investment.
• Key players include the National Infrastructure Fund (NIF), represented by its CEO James Mworia, and consortium president Hosea Kili.
• Discussions also focused on potential policy changes, such as using Development Real Estate Investment Trusts (D-REITs) and offering tax incentives for infrastructure bonds.