Blended finance: a missed opportunity?
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Blended finance: a missed opportunity?
About the speakers
- José Luis BobesCEO at VerdabilityMr. José-Luis Bobes-Hernandez is a climate finance expert with over 25 years of proven success in renewable energy and energy efficiency financing. He has extensive experience handling green finance facilities for numerous donors and development finance institutions. In Southern Africa, these include leading the SUNREF Namibia AFD EUR 45 M sustainable energy credit facility seconded to the Namibian Environmental Investment Fund from 2017 to 2022, USAID Power Africa consultant in energy efficiency financing, the EUR 50 M Green Energy Efficiency Fund in South Africa, and others adding more than 1 billion Euro investments in green energy and climate change. Jose Luis is now directing the European Investment Bank DESIREE global facility EUR 100 million and the French Development Agency TFSC Climate Finance Facility for the National Bank of Egypt. Jose Luis has advised on more than 200 successful energy transactions in Africa, the Americas, Eastern Europe, and Asia. In addition to his unblemished track record of managing development finance projects, he has held positions in the private sector, including CEO and Manager Director responsibilities in energy service (Honeywell ESCO) and renewable energy enterprises (Est Wind Power). Since 2002. Mr Bobes has an MBA from Chicago Booth, USA (1998), a Ms Engineering from Universidad Politecnica de Madrid, Spain (1989), and will shortly get a PhD in Development Finance from the University of Stellenbosch in South Africa (2023). His field of study simulates the development impact of growing investments in African Sustainable Energy Assets utilising existing African funds. Mr. Bobes is fluent in English, French, and German, and has a rudimentary comprehension of Russian, Portuguese, and some Arabic.
- Jerry ParkesCEO at Injaro InvestmentsJerry Parkes is the CEO and co-founder of Injaro Investments Limited (Injaro), and the Managing Director of Injaro Investment Advisors Limited, an investment advisor licensed by the Ghana Securities & Exchange Commission. Jerry is passionate about building multi-generational African businesses and achieving job-based economic growth in Africa through developing partnerships, businesses and people. Over the last decade, he co-founded Injaro with an Ivorian partner, advised entrepreneurs on business development and groomed several investment professionals who now serve in senior roles at leading investment firms across Africa. Under his leadership, Injaro has secured mandates to manage Injaro Agricultural Capital Holdings Limited (IACHL), a US$50m fund; to serve as investment advisor to the Agribusiness Capital (ABC) Fund, a €200 million fund and; to launch the Injaro Ghana Venture Capital Fund (IGVCF), the first PE fund in Ghana to be anchored by local private pension funds. Since inception in 2009, Injaro has made over US$35 million of investments in African SMEs which have benefitted over 3 million people. In 2015, Injaro was featured on the Impact Assets 50, a list of top impact investment fund managers globally. Additionally, five IACHL portfolio companies were featured in The London Stock Exchange report, Companies to Inspire Africa 2017 while the turnaround story of another portfolio company earned Injaro the “Portfolio Company of the Year” award at the 2018 Private Equity Awards in London. Prior to Injaro, Jerry was a Director at a UK-based fund manager and activist private equity investor. He also served a variety of clients in an advisory capacity at Accenture, Merrill Lynch, UBS and Technoserve. He holds an M.Eng. Electrical and Electronic Engineering with French from the University of Manchester and an MBA from The Wharton School, University of Pennsylvania. He also serves on the board of the Ghana Private Equity and Venture Capital Association (GVCA).