The Africa Infrastructure Fund (AIF) has been established to help close the infrastructure gap in Sub- Saharan Africa (SSA), in a sustainable way, and equally important in ways that also contribute to the alleviation of poverty. Emerging Africa Infrastructure Fund (EAIF) a prime example of long-term lender. Acquiring vacant and unused land near the centres of towns and cities for conversion into zoned and serviced stands; Launching a land fund to accelerate the delivery of affordable housing The infrastructure fund, according to Mr Robert Kasande, the permanent secretary, Ministry of Energy, will replace the Energy Fund that was halted around 2015 by Ministry of Finance. On Friday morning, President Ramaphosa announced five measures of the stimulus package with infrastructure taking the lion’s share of the package. South Africa’s R100bn (about $5.8bn) Infrastructure Fund is here, but there will no repeat of the large-scale corruption witnessed in 2010, says National Treasury director-general Dondo Mogajane. Infrastructure Funding for Africa Elefund Capital’s principal focus is sourcing and providing infrastructure capital for African nations to assist in supporting and building their economies. The Emerging Africa Infrastructure Fund (EAIF) is a public private partnership. The African Infrastructure Investment Fund 3 (AIIF3) fund, which announced a $320m fundraise in July last year, has now received the additional capital, to continue its strategy of investing in the power, transport, digital infrastructure and midstream energy sectors across sub-Saharan Africa. Africa50 Infrastructure Fund - Financing Africa's Infrastructure Welcome to Africa50 Africa50 is an infrastructure investment platform that contributes to Africa's growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact. Since its establishment in 2004, InfraCo Africa has developed thirteen projects through to Financial Close. Under the direction of the CIO and COO, all Investments will undergo a thorough and comprehensive Due Diligence process through all development stages, from concept to appraisal to financial close. The capital increase takes the total commitments The infrastructure fund, according to Mr Robert Kasande, the permanent secretary, Ministry of Energy, will replace the Energy Fund that was halted around 2015 by Ministry of Finance. 0. Recent Africa-focused fund closures include Meridiam Infrastructure Africa Fund, which has raised €300mn to invest in public-private partnership opportunities across economic and social infrastructure, and Berkeley Energy’s African Renewable Energy Fund, which will invest $200mn in grid-connected InfraCo Africa is part of the Private Infrastructure Development Group (PIDG): it is managed as a private company although funded by governments in the UK , the Netherlands and Switzerland . Address: 78 Atlantic Boulevard, Fajara, Kanifing Municipality, The Gambia. The African Infrastructure Investment Fund 3 (AIIF3) fund, which announced a $320m fundraise in July last year, has now received the additional capital, to continue its strategy of investing in the power, transport, digital infrastructure and midstream energy sectors across sub-Saharan Africa. Henri Fouda, a portfolio manager at Wellington Management Company says: “When you look at infrastructure, the default rate is very low compared to the Middle East, but the spread Africa has to pay is very high versus the rest of the world. admin 1 day ago. Level 3, Alexander House, It can afford to be because it’s part of an international organisation called the Private Infrastructure Development Group (PIDG). Founded in 2005, Meridiam invests in public infrastructure in Europe, North America and Africa. 35 Cybercity, Development set to reduce heavy fuel oil use, improve gas supply security, cut energy generation costs and significantly cut Co2 and sulphur dioxide emissions PIDG company, the Emerging Africa Infrastructure Fund (EAIF) is lending US$31 million over 10 years to Access LNG B.V., a provider of specialist floating LNG infrastructure, to support the construction of… Read more », Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF) invested XOF* 8.3 billion (cUS$15 million) in a local currency capital market bond issue by Senegal’s Port Autonome de Dakar (PAD), the owner of the Port of Dakar.  The bond raised over XOF60 billion (US$107million). The Emerging Africa Infrastructure Fund (EAIF) is a public private partnership. STRATEGIC MASTER PLANNING – Strategic Priority Area 5: Building our Infrastructure, of The Gambia’s National Development Plan (2018-2021) underpins the government’s. Since its establishment in 2004, InfraCo Africa has developed thirteen projects through to Financial Close. - The capital increase is one of the largest completed for an African fund since the advent of the COVID-19 pandemic. Our first fund, The Africa Infrastructure Fund, is an investment fund creating and enabling opportunities through investments in African infrastructure. South Africa’s R100bn (about $5.8bn) Infrastructure Fund is here, but there will no repeat of the large-scale corruption witnessed in 2010, says National Treasury director-general Dondo Mogajane. African Infrastructure Investment Managers has brought its third flagship pan-continental infra fund to $400m through a capital increase. EC3A 7BA, UK, Registered office: InfraCo Africa is part of the Private Infrastructure Development Group (PIDG): it is managed as a private company although funded by governments in the UK (FCDO), the Netherlands (DGIS) and Switzerland (SECO). ARM-Harith, is a joint venture between Asset & Resource Management Holding Company (ARM) Limited, Nigeria’s largest non-bank financial services provider and Harith General Partners, a leading Pan-African infrastructure fund manager based in South Africa. The Infrastructure Fund forms part of government’s stimulus package adopted by Cabinet in an effort to boost growth. We welcome enquiries from companies in Africa and worldwide that want to grow their businesses in sub-Saharan Africa and share our commitment to the continent and its peoples. EU-Africa Infrastructure Trust Fund More than 12 years of EU-AITF involvement coming to an end Established in 2007 by the European Commission and European Union Member States, the EU-Africa Infrastructure Trust Fund (EU-AITF) has since made a significant contribution to increase investment in infrastructure in Sub-Saharan Africa. It mobilises capital from public and private sources to lend to businesses creating, improving or expanding infrastructure in sub-Saharan Africa. It raises its debt capital from public and private sources, including Allianz, the global insurance and financial services company; Standard Chartered Bank; the African Development Bank; the German development finance institution, KFW, and FMO, the Dutch development bank. Private sector commitment in 2018 of US$1.218 billion, The Private Infrastructure Development Group, Eligible businesses, countries and sectors, Cameroon gets 420MW clean, green renewable energy boost, Energy without borders – clean, renewable energy for Uganda and Tanzania, EAIF backs second Nigeria plant for Indorama Eleme Fertilizer & Chemicals. Financing Africa's infrastructure. Email: info@africainfrafund.org “We will ensure that [which] we had seen during the construction of the 2010 infrastructure roll-out does not happen. PROPOSED ELEVATED MASS TRANSIT RAIL SYSTEM, MR. JAMES OREHMIE MONDAY VISITS SIERRA LEONE. On appointment as the fund manager in 2000, AIIM exited the underperforming portfolio and developed a portfolio of toll road concessions with operations and governance on a part with those seen in developed markets. Address: 78 Atlantic Boulevard, Fajara, Kanifing Municipality, The Gambia. The extra $80m represents one of the largest capital raises closed for an African fund since the advent of the Covid-19 pandemic, the firm said. Emerging Africa Infrastructure Fund (EAIF) a prime example of long-term lender. EAIF is a prime example of a patient and focussed long-term lender. Ebene 72201, On appointment as the fund manager in 2000, AIIM exited the underperforming portfolio and developed a portfolio of toll road concessions with operations and governance on a par with those seen in developed markets. “We will ensure that [which] we had seen during the construction of the 2010 infrastructure roll-out does not happen. The Emerging Africa Infrastructure Fund (EAIF.com) provides a variety of debt products to infrastructure projects promoted mainly by private sector businesses in Africa and parts of the Levant. The Master Plan will be developed using a strategic approach model based on creating economic growth centers as hubs to provide the engine of growth. If you are looking for debt finance for an infrastructure project in sub-Saharan Africa please talk to us. The extra $80m represents one of the largest capital raises closed for an African fund since the advent of the Covid-19 pandemic, the firm said. The funds are invested in a number of major projects in diversified sectors such as energy, transport, information and telecommunications, and water and sanitation. With offices across South Africa, Nigeria, Kenya and Cote d'Ivoire, we have a thorough understanding of the African business environment and extensive experience spanning a range of infrastructure asset classes. The Emerging Africa Infrastructure Fund is managed by Ninety One. EAIF is part of the Private Infrastructure Development Group, which is a multi-donor organisation with members from seven countries and the World Bank Group. To provide the intellectual underpinnings to help guide investment selection for maximum development impact, poverty reduction and to maximize investor returns. You are currently offline. AFRICA INFRASTRUCTURE FUND Gambia Tourism Board (GTBoard) and Africa Infrastructure Fund (AIF) Signed a Memorandum of Understanding PROPOSED ELEVATED MASS TRANSIT RAIL SYSTEM AIF is in the process of establishing its investment vehicles 6 Bevis Marks, It mobilises capital from public and private sources to lend to businesses creating, improving or expanding infrastructure in … Some creative private sector and multilateral solutions promise to ease the crisis. Infrastructure Funding for Africa Elefund Capital’s principal focus is sourcing and providing infrastructure capital for African nations to assist in supporting and building their economies. The pipeline will be selected from the Master Plan. Investment Portfolio AIIM’s African infrastructure fund gets $80m capital increase | News. In 2016 it launched the Pan-African Infrastructure Development Fund with other pension funds and African institutional investors. London Mauritius. But with African default rates low, experts are urging for a programme of education for investors. Call Center: +220 388 9628. It has 1.3 million members (312,000 of them are pensioners). The fund which was announced by Ramaphosa in 2019 and which is managed by the Development Bank of Southern Africa has finalised a list of shovel-ready projects, the … The capital increase brings AIIF3’s total commitments to $400 million and marks one of the largest capital raises closed for an African fund since the onset of the COVID-19 pandemic. © 2020 Emerging Africa Infrastructure Fund, Administrative office: African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has successfully completed a capital increase of USD80m for its flagship pan-African infrastructure fund, AIIF3. Harith General Partners is a Pan-African fund manager for infrastructure development across the continent. CONSTRUCTION – will be contracted to reputable local and international contractors to achieve the highest quality and occupational, health and safety standards. Enquiries are also welcome from  financial advisers and specialist consultants. The global pandemic is holding back Africa’s essential infrastructure development. African Infrastructure Investment Managers (AIIM) has raised an additional $80 million for its flagship pan-African infrastructure fund, AIIF3. Sectors in Africa the funding supports and specializes in include: power, resources, utilities, industry, agribusiness, and … Africa Infrastructure Fund | Developed by Sun Technology Services, The Pipeline (The potential pipeline in The Gambia). According to McKinsey, closing the infrastructure gap in Africa would mean raising infrastructure investment as a share of GDP from 3.5% to 4.5%, or doubling the absolute level of investment between 2015 and 2025. African Infrastructure Investment Managers has brought its third flagship pan-continental infra fund to $400m through a capital increase. The Fund, in yearly cycles, will undertake the necessary fund raising nationally and internationally, subject to the Fund’s compliance obligations in the various jurisdictions. Call Center: +220 388 9628. Meridiam is a global investor and asset manager based in Paris specialized in developing, financing and managing long-term public infrastructure projects. Harith manages Africa’s only 15-year infrastructure fund, the Pan-African Infrastructure Development Fund. ... Infrastructure Fund … The South-African based firm also has offices in Nigeria, Kenya and Cote d’Ivoire which manage investments spanning 15 countries across East, West and Southern Africa. © 2020. SAIF was the first 20-year infrastructure fund in South Africa. EAIF is funded by the governments of the United Kingdom, The Netherlands, Switzerland, and Sweden. On Friday morning, President Ramaphosa announced five measures of the stimulus package with infrastructure taking the lion’s share of the package. Africa Infrastructure Investment Fund 2 Founded in 2000, African Infrastructure Investment Managers (AIIM) is one of Africa’s leading infrastructure investment firms. Some pages or content may fail to load. The South African Government Employee Pension Fund is the largest pension fund in Africa and the seventh largest in the world, according to the U.N. The National Infrastructure Fund was announced by President Cyril Ramaphosa in 2018 to build on the government’s efforts to transform public … “Infrastructure as we know, is a key driver of economic growth. The national treasury, the department of public works’ Infrastructure in South Africa, and the DBSA have signed a memorandum of agreement that mandates the bank to establish and manage the fund As we do so, we will work with all stakeholders, including the public and private sectors, civil society, and communities. EAIF mainly supports private sector infrastructure projects to create new or expand existing facilities. The Infrastructure Fund forms part of government’s stimulus package adopted by Cabinet in an effort to boost growth. Development set to reduce heavy fuel oil use, improve gas supply security, cut energy generation costs and significantly cut Co2 and sulphur dioxide emissions PIDG company, the Emerging Africa Infrastructure Fund (EAIF) is lending US$31 million over 10 years to Access LNG B.V., a provider of specialist floating LNG infrastructure, to support the construction of … AIIM actively manages investments in East, West and Southern Africa and has equity under management of USD 1.6 billion with a track record extending across seven African infrastructure funds. Email: info@africainfrafund.org It can afford to be because it’s part of an international organisation called the Private Infrastructure Development Group (PIDG). The firm typically invests in greenfield or new primary projects in the renewable power, transportation, public accommodations, … By contrast, McKinsey says, China spends about 7.7% of GDP on infrastructure, and India 5.2%. The South African pension system is uniquely placed in Africa to contribute to infrastructure investment, and where necessary Pension and … Its purpose is to support sustainable economic growth and prosperity on the continent, whose working-age population is likely to reach more than one billion people in the next decades, and at the same time deliver attractive returns to our … SAIF was the first 20-year infrastructure fund in South Africa. Home/Investment Portfolio/ AIIM’s African infrastructure fund gets $80m capital increase | News. EAIF is a prime example of a patient and focussed long-term lender. AFRICA - Private equity manager African Infrastructure Investment Managers (AIIM) has successfully completed a capital increase of US$80 million for its flagship African Infrastructure Investment Fund 3 (AIIF3) fund. We provide long-term debt on commercial terms to infrastructure projects in Africa, particularly in … Rali Mampeule, CEO, South African Housing & Infrastructure Fund speaks on - Making Affordable Housing a Reality in Cities: Maximising Land Use - November 2020. Sectors in Africa the funding supports and specializes in include: power, resources, utilities, industry, agribusiness, and finance. ARM-Harith, is a joint venture between Asset & Resource Management Holding Company (ARM) Limited, Nigeria’s largest non-bank financial services provider and Harith General Partners, a leading Pan-African infrastructure fund manager based in South Africa. The fund, managed by the Development Bank of Southern Africa, has finalised a list of shovel-ready projects. EAIF lends US$ 31 million to Access LNG for its innovative Floating LNG regasification facility in Ghana, EAIF supports local currency bond issue as Senegal’s national port of Dakar begins move to new enterprise zone location, Contributing to political and economic stability, Supporting enterprising owners and managers, Building the essentials of sustainable progress. Meridiam Infrastructure Africa Fund Meridiam is a global investor and asset manager specialising in public and community infrastructure.  The issue marks the start of the process… Read more ».

africa infrastructure fund

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