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UN’s SDGs: Nigeria, others offer $200 billion investment opportunity

&NewLine;<figure class&equals;"wp-block-image size-large"><img src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2020&sol;01&sol;Standard-Chartered-Bank&period;jpg" alt&equals;"" class&equals;"wp-image-2281"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-table"><table class&equals;""><tbody><tr><td><strong><em>Standard Chartered  Bank’s 2030  study reveals an almost USD200 billion private-sector investment opportunity in contributing to the UN Sustainable Development Goals &lpar;SDGs&rpar; in five African countries&period;<&sol;em><&sol;strong> <strong><em>The bank is a leading international banking group&comma; with a presence in 60 of the world’s most dynamic markets and serving clients in a further 85&period;<&sol;em><&sol;strong> <strong><em>The study&comma; made available to OpenLife by Apo Group&comma; examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa&colon; Ghana&comma; Kenya&comma; Nigeria&comma; Uganda&comma; Zambia<&sol;em><&sol;strong><br> <br> <&sol;td><&sol;tr><tr><td>&NewLine; The Standard Chartered &nbsp&semi;SDG Investment Map&nbsp&semi;reveals a USD197&NewLine; billion opportunity for private-sector investors in five high-growth markets&NewLine; in Africa to help achieve the UN’s Sustainable Development Goals &lpar;SDGs&rpar;&comma; with&NewLine; improving digital access making up USD74&period;5 billion of that total&period;&NewLine; The Standard Chartered&NewLine; SDG Investment Mapis a&NewLine; macroeconomic study that draws on global data sources and indicative&NewLine; private-sector participation rates to provide companies&comma; institutional&NewLine; investors and other stakeholders with an overview of where their investments&NewLine; could have the greatest impact&period; It spans 15 of the world’s fastest-growing&NewLine; economies and estimates the potential private-sector investment opportunity&NewLine; to contribute to three of the most investment-ready UN SDGs &lpar;6&comma;7 and 9&rpar;&period;<br>&NewLine; This particular study highlights opportunities for investors to contribute to&NewLine; three infrastructure-focused goals between now and 2030&colon; SDG 6&colon; Clean Water&NewLine; and Sanitation&comma; SDG 7&colon; Affordable and Clean Energy and SDG 9&colon; Industry&comma;&NewLine; Innovation and Infrastructure across emerging markets&period;<br>&NewLine; Across all the world’s emerging markets&comma; Oportunity2030 identifies a USD10&NewLine; trillion opportunity for private sector investors&period; This represents around 40&NewLine; per cent of the total funding required to meet specific indicators within the&NewLine; three SDGs – allowing for population growth as well as maintaining current&NewLine; access – with public funds expected to provide the bulk of the investment&period;<br>&NewLine; Five African countries are included in the study&colon; Ghana&comma; Kenya&comma; Nigeria&comma;&NewLine; Uganda and Zambia&period; Key highlights include&colon;&NewLine; Providing universal&NewLine; digital access represents the greatest investment opportunity for the private&NewLine; sector by 2030 &lpar;USD74&period;5 billion&rpar;&comma; followed by universal access to power&NewLine; &lpar;USD65&period;8 billion&rpar;&comma; transport infrastructure &lpar;USD46&period;4 billion&rpar; and access to&NewLine; clean water and sanitation &lpar;USD10&period;3 billion&rpar;&NewLine; The biggest single&NewLine; opportunity across the African markets in the study is in increasing digital&NewLine; access – a combination of mobile phone subscriptions rates and internet&NewLine; connectivity – in Nigeria &lpar;USD47&period;4 billion&rpar;&period; Driven by its large and growing&NewLine; population&comma; Nigeria also offers the greatest overall opportunity across the&NewLine; SDG indicators measured &lpar;a total of USD114&period;2 billion&rpar;&comma; followed by Kenya&NewLine; &lpar;USD40 billion&rpar;&NewLine; Zambia and Kenya present&NewLine; a big opportunity to make an impact on SDG 6 &lpar;Clean Water and Sanitation&rpar;&colon;&NewLine; With an average of 43 per cent and 56 per cent of the population respectively&NewLine; currently lacking access to clean water and sanitation&comma; there is a USD0&period;7&NewLine; billion and USD2&period;3 billion private-sector investment opportunity to help&NewLine; close the gap by 2030&NewLine; Uganda presents a&NewLine; meaningful opportunity to make an impact on SDG 7 &lpar;Affordable and Clean&NewLine; Energy&rpar;&colon; with just 22 per cent of the population that have access to&NewLine; electricity&comma; there is a USD6&period;1 billion private-sector investment opportunity&NewLine; to help achieve universal access by 2030&NewLine; The greatest investment&NewLine; opportunity in Ghana is in achieving and maintaining universal access to&NewLine; electricity &lpar;a key SDG 7 indicator&rpar;&comma; representing a USD7&period;8 billion&NewLine; private-sector opportunity&NewLine; Sunil Kaushal&comma; Regional CEO&comma; Africa &amp&semi; Middle&NewLine; East&comma; Standard Chartered&comma; said&nbsp&semi;&OpenCurlyDoubleQuote;<em>The UN Sustainable Development Goals are&NewLine; amongst the most ambitious projects humanity has ever attempted&period; As well as&NewLine; offering our best hope yet of tackling the world’s most serious challenges&comma;&NewLine; they also offer a unique opportunity for the private sector&period; For the goals to&NewLine; be met in Africa&comma; the private sector must play a central role in deploying&NewLine; capital to get projects off the ground&period; Opportunity2030 provides a map of&NewLine; these opportunities&comma; revealing the sectors and markets where investors can&NewLine; best contribute to the SDGs whilst achieving sustainable returns&period; Currently&comma;&NewLine; not enough capital is reaching the countries that need it the most&period; With the&NewLine; UN’s 2030 deadline for achieving SDGs just 10 years away&comma; the time to act is&NewLine; now<&sol;em>&period;”&nbsp&semi;<br>&NewLine; With Standard Chartered’s experience and reach into Africa&comma; the Bank uses&NewLine; banking knowledge&comma; products and its unique footprint to fund sustainable&NewLine; development where it matters most&period; In June 2019&comma; we launched our first&NewLine; Sustainability Bond&comma; raising EUR 500 million to fund projects aligned to the&NewLine; SDGs in emerging markets&comma; and have worked with clients and partners to create&NewLine; a number of important landmark structured solutions to support the SDG’s&period; The&NewLine; Bank has also launched its digital bank in nine markets in Africa&comma; as part of&NewLine; the Bank’s digital transformation strategy for Africa&period; The digital banking&NewLine; solution provides Standard Chartered customers with affordable&comma; fast and&NewLine; easily accessible banking services that is supporting financial inclusion in&NewLine; the markets&period;<br>&NewLine; <br>&NewLine; Opportunity2030&colon; SDG private-sector&NewLine; investment opportunities by African countries in the study&colon;&NewLine; &NewLine; &NewLine; &NewLine; Market&NewLine; &NewLine; &NewLine; Water and sanitation &lpar;SDG 6&rpar;&NewLine; &NewLine; &NewLine; Access to power<br>&NewLine; &lpar;SDG 7&rpar;&NewLine; &NewLine; &NewLine; Transport infrastructure &lpar;SDG 9&rpar;&NewLine; &NewLine; &NewLine; Digital access &lpar;SDG 9&rpar;&NewLine; &NewLine; &NewLine; Total&NewLine; &NewLine; &NewLine; &NewLine; &NewLine; Nigeria&NewLine; &NewLine; &NewLine; USD5&period;7bn&NewLine; &NewLine; &NewLine; USD32&period;3bn&NewLine; &NewLine; &NewLine; USD28&period;8bn&NewLine; &NewLine; &NewLine; USD47&period;4bn&NewLine; &NewLine; &NewLine; USD114&period;2bn&NewLine; &NewLine; &NewLine; &NewLine; &NewLine; Kenya&NewLine; &NewLine; &NewLine; USD2&period;3bn&NewLine; &NewLine; &NewLine; USD15&period;6bn&NewLine; &NewLine; &NewLine; USD9&period;1bn&NewLine; &NewLine; &NewLine; USD13&period;0bn&NewLine; &NewLine; &NewLine; USD40&period;0bn&NewLine; &NewLine; &NewLine; &NewLine; &NewLine; Ghana&NewLine; &NewLine; &NewLine; USD0&period;8bn&NewLine; &NewLine; &NewLine; USD7&period;8bn&NewLine; &NewLine; &NewLine; USD4&period;1bn&NewLine; &NewLine; &NewLine; USD6&period;9bn&NewLine; &NewLine; &NewLine; USD19&period;6bn&NewLine; &NewLine; &NewLine; &NewLine; &NewLine; Uganda&NewLine; &NewLine; &NewLine; USD0&period;8bn&NewLine; &NewLine; &NewLine; USD6&period;1bn&NewLine; &NewLine; &NewLine; USD2&period;8bn&NewLine; &NewLine; &NewLine; USD4&period;0bn&NewLine; &NewLine; &NewLine; USD13&period;7bn&NewLine; &NewLine; &NewLine; &NewLine; &NewLine; Zambia&NewLine; &NewLine; &NewLine; USD0&period;7bn&NewLine; &NewLine; &NewLine; USD4&period;0bn&NewLine; &NewLine; &NewLine; USD1&period;6bn&NewLine; &NewLine; &NewLine; USD3&period;2bn&NewLine; &NewLine; &NewLine; USD9&period;5bn&NewLine; &NewLine; &NewLine; &NewLine; &NewLine; Total&NewLine; &NewLine; &NewLine; USD10&period;3bn&NewLine; &NewLine; &NewLine; USD65&period;8bn&NewLine; &NewLine; &NewLine; USD46&period;4bn&NewLine; &NewLine; &NewLine; USD74&period;5bn&NewLine; &NewLine; &NewLine; USD197bn&NewLine; &NewLine; &NewLine; &NewLine; &nbsp&semi;&NewLine; <br>&NewLine; <br>&NewLine; <br>&NewLine; <br>&NewLine; <br>&NewLine; &NewLine; <&sol;td><&sol;tr><&sol;tbody><&sol;table><&sol;figure>&NewLine;

Openlife Reporter

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