Averi Finance has received endorsement and support from both the White House and the government of the United Arab Emirates (UAE) as a prominent private investor and financier in Africa's energy sector.

Averi Finance's management boasts a strong history of achievement, having been involved in over 100 projects and transactions, successfully facilitating more than $16 billion in funding across 15 emerging market nations.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates, and President Joseph R. Biden Jr. convened today at the White House during Sheikh Mohamed bin Zayed's official visit to the United States. This visit marks a historic occasion as it is the first by a President of the United Arab Emirates to Washington, and it represents the fourth bilateral meeting between the two leaders during the Biden-Harris Administration. 

The discussions reaffirmed the longstanding strategic and defense partnership between the U.S. and the UAE, with a focus on enhancing cooperation in advanced technology and investments, as well as addressing global and regional issues. 

The leaders committed to exploring new avenues to fortify their economic and defense collaboration, promote peace and stability throughout the Middle East and beyond, and provide global leadership on matters of mutual concern.

Following this meeting, Averi Finance is privileged to receive the endorsement and support from both the White House and the UAE Government. This recognition underscores Averi Finance's role as a significant player, investor, and financier in Africa's energy sector, showcasing our extensive experience in investing, financing, structuring projects, and advising African governments, UAE corporations, and both public and private stakeholders to direct capital into various sectors, particularly in energy.

Gaspar Lino, CEO of Averi Finance
"The collaboration between the U.S. and UAE represents a significant opportunity to accelerate sustainable development efforts globally," said Gaspar Lino, CEO of Averi Finance. "We are enthusiastic about the emphasis on private sector engagement and look forward to exploring partnerships that will enhance the positive impact of our work across Africa." 

Averi Finance is a finance and investment firm dedicated to emerging markets, particularly in Africa. We specialize in providing capital investment and financing solutions tailored to growth markets worldwide, utilizing our distinctive project structuring expertise to achieve significant outcomes. Recently, Averi Finance has acquired 3.85 GW of solar and wind energy projects in South Africa and is actively investing in more than 1,500 kilometers of high-voltage transmission lines throughout the SADC region as a private investor.

Joao Alvares, CIO of Averi Finance

Under the U.S.-UAE Partnership to Accelerate Clean Energy (PACE) initiative, Averi Finance intends to facilitate $5 billion in investments, build 3 GW of power generation projects, construct over 3,000 kilometers of transmission and distribution lines, and establish over 500,000 new home and business connections. We also aim for a CO2 equivalent reduction or avoidance of 90 million tons, underscoring our commitment to sustainable energy solutions1—including our ongoing green and blue hydrogen projects designed to enhance energy security and promote environmental sustainability. 

Averi Finance, a private sector partner based in the UAE and involved in the U.S.-led Power Africa Initiative, is dedicated to advancing this essential initiative through its regional offices located in Angola, South Africa, Zambia, the DRC, Cameroon, Nigeria, Ghana, Togo, and Mauritius.

With a strong history of achievement, the management team at Averi Finance has engaged in over 100 projects and transactions, successfully arranging upwards of $16 billion across 15 emerging market nations. Our team's deep expertise and robust local connections empower us to consistently achieve significant outcomes.

Averi Finance is committed to utilizing this strategic alliance to foster innovative financing solutions that tackle the urgent issues of energy sustainability and economic growth in Africa. By synchronizing our efforts with global initiatives, we aspire to make a substantial contribution to the sustainable future of the region.