…Funds Billion-Dollar Projects
Bioko Consulting (Equatorial Guinea), KAI Asia Consultancy Ltd (Malta), and the Asia Development & Investment Bank (Malaysia) today signed a landmark Memorandum of Understanding (MOU) to establish a strategic framework for cooperation in financing and developing projects across Africa’s oil, gas, aviation, and mining sectors.
The partnership is poised to mobilize between USD 500 million and USD 1 billion (equivalent in Chinese Yuan) in investments.
To effectively capture and develop opportunities across the continent, Bioko Consulting will establish operational bases in Malabo, Equatorial Guinea (CEMAC region), and Accra, Ghana (ECOWAS region).
This strategic positioning will enable the alliance to directly engage with key markets in West and Central Africa, identify viable projects, and facilitate on-the-ground execution.
The MOU outlines an exclusive collaboration to jointly identify, structure, and finance high-impact projects, with ADIB serving as the primary financing partner. Key areas of focus include:
· Financing and development of oil and gas infrastructure.
· Expansion of regional aviation connectivity and related infrastructure.
· Development of mining value chains to enhance local industry participation.
· Promotion of financial innovation, including RMB-denominated trade settlements and cross-border payment mechanisms to support African economic integration.
“This partnership represents a transformational opportunity. By combining Bioko Consulting’s regional expertise, KAI Asia’s international networks, and ADIB’s financing power, we can catalyze large-scale projects that will impact Africa’s future,” said Gabriel Mbaga Obiang Lima, CEO and Founder of Bioko Consulting.
Sophie L. Chen, Founding Partner of KAI Asia, added: “Africa’s markets are ready for a new wave of sustainable and strategic investments. This alliance ensures that these projects are not only identified but are also structured to be bankable and attractive to international capital.”
Sam Sun, President of ADIB, concluded: “With a financial capacity reaching up to USD 1 billion, this partnership underscores our confidence in Africa’s growth trajectory and our long-term commitment to the continent’s sustainable development.”
