According to the Bank’s website, the proposed project consists of an equity investment of up to US$ 30 million in equity in the South African-domiciled African Infrastructure Investment Fund 4 (the “Fund” or “AIIF4”) managed by African Infrastructure Investment Managers (“AIIM” or “the Fund Manager”) to invest in value-add infrastructure assets in Africa, with a focus on Sub-Saharan Africa, in three thematic areas: Digitization; Energy Transition; Mobility and Logistics (“the Project”). AIIF4 will target investments in growth capital assets to facilitate enhanced investment returns.
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