IFC's US$30 million, own-account investment will help AIIF4 exceed its final close target of US$500 million.
Founder and Editor, The Tech Capital
3 Mins
January 15, 2024 | 10:29 PM GMT
Sarvesh Suri, IFC Regional Industry Director for Infrastructure and Natural Resources, Africa. Source: IFC
IFC, a member of the World Bank Group, has carried out a US$30 million equity investment in the Africa Infrastructure Investment Fund 4 Partnership (AIIF4) to finance infrastructure deployments, including digital real estate.
Founder and Editor, The Tech Capital
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