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 is to invest in companies operating in the digital technology sector and ICT infrastructure in sub-Saharan Africa.
The CPDIF Fund has a total capital target size of US$250 million, with a US$300 million hard cap. The proposed investment by IFC is for up to US$25 million in equity, covering no more than 20% of the total allocated capital.
Country updates
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March 17, 2021
Final close for MEAG Infrastructure Debt Fund II
MEAG Infrastructure Debt Fund II has achieved a final close with collected investment commitments from institutional investors to the tune of more than EUR 1 billion (US$ 1.18 billion). The fund...
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March 16, 2021
Boingo Wireless to be Acquired by Digital Colony
Boingo Wireless Inc. has entered into a definitive agreement and plan of merger to be acquired by an affiliate of Digital Colony Management, LLC (Digital Colony). Upon completion of the transaction, B...
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March 12, 2021
RFP deadline extended for cargo area PPP at Atlanta International Airport
The City of Atlanta in Georgia, USA on behalf of the Department of Aviation (DOA) has extended the tender deadline for a request for partnership (RFP). The City is seeking firms to design, p...
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March 12, 2021
Preferred bidder selected for George Mason University IDIA P3 project
George Mason University in Virginia, USA has selected Mason Innovation Partners for the development of the Institute for Digital Innovation (IDIA). The consortium will be responsible for the...
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March 12, 2021
Louisiana State University approves utilities modernization PPP
Louisiana State University in the USA has approved a plan for modernizing the energy plants, distribution systems, and building mechanical systems at the university’s main campus in Baton R...
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