The Initiative

Africa Initiative

Mobilizing Institutional Investors to Develop Africa's Infrastructure ("MiDA")

NASP- USAID Partnership:

Two years ago, NASP and USAID signed an investment partnership for “Mobilizing Institutional Investors to Develop Africa’s Infrastructure” or “MiDA”. The initiative seeks to facilitate and expand opportunities for infrastructure investments in Sub-Saharan Africa for investors seeking higher returns, while making an impact on development and advancing U.S. interests in the region. To date, MiDA members have invested up to $800 million across Africa and other emerging markets. The initiative exemplifies the very real and mutually beneficial U.S.-Africa commercial and development opportunities that exist.

MiDA Annual Delegation Trip to Africa:

MiDA has organized three delegation trips to Africa to explore investment opportunities on the ground in Africa across various sectors and to develop relationships with African pension funds, asset managers and financial institutions for potential partnerships and co-investments. Since 2017 MiDA’s delegation has visited Senegal, Kenya and South Africa. At the recent trip the U.S. delegation included 17 asset owners – pension funds, insurance companies, endowments and pension fund consultants who are also investors of discretionary funds—as well as 15 fund managers, bankers and industry partners. The total assets under management of members of the delegation represented over $1 trillion dollars.