EIB plans to invest US$40 mn in Acre Export Fund I
The European Investment Bank (EIB) is planning to invest US$40 million into the US$200 million Acre Export Fund I.
The fund, managed by Acre Capital Ltd., will provide unsecured commercial loans, complementing long-term loans provided by international banks that are guaranteed by Export Credit Agencies to finance sustainable greenfield infrastructure projects in Africa. The fund's focus is on renewable energy, health, food and water scarcity, sustainable cities and green transportation sectors.
Country updates
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October 06, 2022
OCU Group acquired stake in InICT Limited
OCU Group Limited (OCU) has announced the acquisition of a majority shareholding in InICT Limited in the UK. OCU northern operations O'Connor Utilities Limited will invest in InICT. The investme...
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September 30, 2022
UKIB and local authorities to collaborate on 3 pilot projects
The UK Infrastructure Bank (UKIB) has announced its collaboration with the cities of Bristol, Greater Manchester and West Yorkshire in the three pilot projects as the bank creates a new advisory funct...
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September 27, 2022
Tender issued for Staffordshire University Student Village PPP Project
Staffordshire University has issued a tender seeking a private developer to deliver a new student village at the Staffordshire University campus in Stoke, Staffordshire, UK. The Project com...
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September 27, 2022
Winner selected for Ilford Western Gateway PPP project
The London Borough of Redbridge has announced UK-based developer Countryside as the winner for co-rehabilitation under the Ilford Western Gateway public-private partnership (PPP) project in...
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September 26, 2022
Reading Borough Council seeks developer for Minster Quarter Central regeneration
The Reading Borough Council has issued a tender seeking a development partner for the regeneration of Minster Quarter Central in Reading, UK. The selected partner will be responsible f...
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