Harith General Partners has announced a US$200 million capital raise in a follow-up fund to its Pan African Infrastructure Development Fund (PAIDF) 2. The PAIDF 2 Infrastructure Top-Up Fund is a shorter-term vehicle (5-6 years), focused on taking advantage of very near-term expansion opportunities in some of the PAIDF 2 portfolio companies and realize a pipeline of infrastructure opportunities for investors.

The capital raised will be invested in existing PAIDF portfolio company expansion opportunities as well as in selected key new pipeline deals and strategic infrastructure investment opportunities. These opportunities are both pre-determined and existing.