BII and FMO commits US$116 million to AIIF 4
British International Investment (BII) and Dutch Development Bank (FMO) have committed US$116 million to African Infrastructure Investment Fund 4 (AIIF4). AIIF4 is a fund managed by African Infrastructure Investment Managers with a target value of US$500 million. The commitment will from BII and FMO will help achieve the target capital of AIIF4.
AIIF4 will invest across three infrastructure sectors in Africa: Rooftop solar; Digital Infrastructure such as mobile telecom towers, datacenters, fiber optic networks, etc; and transportation infrastructure such as ports, roads, etc. Along with infrastructure projects, the fund also aims to invest 20% of the capital in climate finance qualifying projects to contribute in reducing greenhouse gas emissions.
Country updates
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July 26, 2022
BCC makes initial contribution to 300 homes retrofit pilot in Birmingham
Birmingham City Council (BCC) has announced its initial contribution to retrofit 300 houses in East Birmingham, UK. The pilot project aims to test the ways to improve the thermal efficiency of the ho...
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July 20, 2022
Amberside Advisors joins Steer Group
Amberside Advisors and Steer Group have announced a partnership agreement that aims to strengthen the consultancy capacity of both companies, accomplish global target objectives and improve financial...
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July 20, 2022
Tender issued for Redevelopment PPP project in UK
The West Lindsey District Council has issued tender inviting bids from developers and investors to become a delivery partner for the RAF Scampton redevelopment project in Lincolnshire,...
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July 20, 2022
Border to Coast commits US$382.6 mn to two infrastructure funds
Border to Coast has announced final investments in its initial Private Markets program, including a US$382.6 million commitment to two infrastructure funds in North America and Europe. The comm...
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July 19, 2022
Trafford council seeks mixed use development partner
The Trafford Council and the Greater Manchester Combined Authority (GMCA) in the UK have launched a request for expression of interest (RFEOI) seeking a development partner for a mixed-use development...
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