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AFRICA: AIIM raises $80 m to finance sustainable infrastructure south of the Sahara


December 10 2020
/ Modified on
December 10 2020
The African Infrastructure Investment Managers (AIIM) has just endowed its African Infrastructure Investment Fund 3 (AIIF3) with 80 million dollars to finance sustainable development projects in Africa south of the Sahara. The fund already has numerous assets in several sectors, including green electricity.
The $80 million recently raised by African Infrastructure Investment Managers (AIIM) is intended to fund its African Infrastructure Investment Fund 3 (AIIF3) for infrastructure investments in the power, transport and digital infrastructure sectors in sub-Saharan Africa.
AIIM, which has already mobilised $400 million for AIIF3 since the advent of Covid-19, estimates that its funds will increase its assets in Africa tenfold. ....

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