$30 million Equity Ventures: To Finance Works on infrastructure Guaranteed Kenya amongst 6 Nation’s in the Continent incorporated by International Finance Corporation
By Abdul Rahman Bangura- NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- This would enhance projects in the telecoms, renewable energy, and transport sectors across the Landmass, but with sharp attention on Côte d’Ivoire, Egypt, Kenya, Morocco, Senegal, and South Africa. The finance is handled by Africa Infrastructure Investment Managers (AIIM); which is a fraction of the Old Mutual Group. The fund will subsidize data centers, fiber networks, and communications towers in the telecoms sector. And in the energy sector, utility-scale renewable energy platforms and commercial and industrial projects are targeted. In the transport infrastructure sector, the fund will give premium on investments in mobility and logistics, bulk-handling infrastructure, and temperature-controlled...
Posted On 19 Jan 2024
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