African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open-access fibre network operator, through the newly incorporated Digital Infrastructure Investment Holdings platform.

AIIM’s R980 million (about $63.8 million) investment forms part of a R1.5 billion (about $97.6 million) equity funding round to support MetroFibre’s capital exp...