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AfDB Approves US$40m for Africa Infrastructure Investment Fund - THISDAYLIVEBy Charles Ajunwa The Board of Directors of the African Development Bank (AfDB) has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African infrastructure fund managed by South Africa-based Africa Infrastructure Investment Managers (AIIM). The proposal represents the Bank’s third investment with this fund manager, following a …
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AfDB to Boost Infrastructure in Africa through Private Equity Investment - THISDAYLIVEBy Bamidele Famoofo African Development Bank (AfDB) has said it will increase participation in Africa’s infrastructure development through private equity investment. The Board of Directors of the African Development Bank (AfDB) in line with its resolve has therefore approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African …
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