Metito Utilities Ltd. (MUL), a global investor and operator of water, wastewater and alternative energy management solutions, and British International Investment (BII), the United Kingdom’s development finance institution and impact investor, have launched a new platform to increase water security across Africa and mobilize long-term investment into the sector.
The first-of-its-kind platform, known as Africa Water Infrastructure Development (AWID), will develop climate-smart water projects at scale, financing water and wastewater management treatment plants.
AWID also will develop and construct world-class facilities to help increase access to sustainable, safe and reliable water, focusing on countries that are most vulnerable to the climate crisis. The platform’s investments will integrate green technologies and alternative energy components, which will help to reduce the environmental footprint of water-infrastructure projects.
The first asset under the n
