DLM was appointed by the Council of Ministers of the African Petroleum Producers Organisation (APPO) to set up and raise equity of US$1billion to capitalise a new Development Finance Institution, Africa Energy Investment Corporation (AEICORP).
The institution is currently owned by 14 African countries and set to cut across the Oil & Gas sector.
DLM was also mandated to manage its Debt Programme of US$5bn.
AEICORP is also expected to be active in other sectors such as the energy, power and mining space across Africa, and to be both an internal and external catalyst for job creation, better efficient energy financing across the continent.