First close announced for Infra Impact Mid-Market Infrastructure Fund 1
Infra Impact Investment Managers Proprietary Limited (Infra Impact) has reached the first close target of ZAR 250 million (US$ 17.05 million) for its maiden institutional fund, the Infra Impact Mid-Market Infrastructure Fund 1. The Fund is seeking to raise total capital commitments of ZAR 1,500 million (US$ 102.60 million).
The Fund aims to provide growth capital for South African-focused mid-market infrastructure businesses, which own real assets that provide essential services and that have value creation potential. The Fund will engage in a mid-market, value-add infrastructure strategy in sectors such as water, waste, energy, telecommunications and others related.
Country updates
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March 26, 2021
Preferred bidders selected for 2 GW power generation PPP project in South Africa
Department of Mineral Resources and Energy (DMRE) in South Africa has selected the preferred bidder for energy infrastructure development under Risk Mitigation IPP Procurement Programme (RMIPPPP). RMI...
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March 18, 2021
IFC considers to invest US$25 million in Convergence Partners Digital Infrastructure Fund
The International Finance Corporation (IFC) is considering a potential equity investment of US$25 million in Convergence Partners Digital Infrastructure Fund (CPDIF). The main focus of the fund i...
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March 02, 2021
RFQ launched for De Aar Logistics Hub PPP project in South Africa
The Northern Cape Department of Transport, Safety and Liaison (NCDTSL) have launched a Request for Qualification (RFQ) to optimize the De Aar Logistics Hub in Northern Cape, South Afric...
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November 30, 2020
AIIMS invests in MetroFibre Network
African Infrastructure Investment Managers (AIIM has acquired a minority equity stake in MetroFibre Networx (Pty) Ltd, a South African open-access fibre network operator, through the newly incorporate...
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October 30, 2020
Gautrain extension project awaits approval
The Gautrain Management Agency (GMA) in South Africa has announced that the Gautrain network expansion project is awaiting approval from the National Treasury office. The expansion is planned&nbs...
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