PROJECT

Projects

Summary of Investment Information

Project Number

48214

Company Name

African Infrastructure Investment Fund 4 Partnership

Date SPI Disclosed

Sep 25, 2023

Country

Africa Region

Region

Africa

Projected Board Date

Oct 27, 2023

Environmental Category

FI-1 - Significant

Status

Active

Last Updated Date

Feb 16, 2024

Department

Regional Industry - INF Africa

Industry

other

Previous Events

Approved : Dec 14, 2023
Signed : Dec 20, 2023
Invested : Feb 13, 2024

Sector

Infrastructure Fund

Additional Project Attributes

Public-Private Partnerships

Project Description

   The proposed project consists of an equity investment of up to US$ 30 million in equity in the South African-domiciled African Infrastructure Investment Fund 4 (the “Fund” or “AIIF4”) managed by African Infrastructure Investment Managers (“AIIM” or “the Fund Manager”) to invest in value-add infrastructure assets in Africa, with a focus on Sub-Saharan Africa, in three thematic areas: Digitization; Energy Transition; Mobility and Logistics (“the Project”). AIIF4 will target investments in growth capital assets to facilitate enhanced investment returns.                                                   

                                                

Associated Advisory Engagement

  There are no expected advisory services engagements associated with this investment.

                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation