AIIM and Motseng announce new infrastructure investment group
AIIM and Motseng Investment Holdings have formed the Motseng Ideas Infrastructure Group.
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African Infrastructure Investment Managers (AIIM), through its IDEAS Fund, and Motseng Investment Holdings have announced the formation of Motseng Ideas Infrastructure Group (MIIG).
MIIG, a South African investment company, manages close to R1 billion ($56.7m) in assets, with an ownership profile of more than 67% black shareholders, including over 57% black women. It will focus on projects that enhance community livelihoods and foster inclusive growth, working with government, the private sector and local communities across South Africa and the wider Southern African Development Community (SADC) region.
“AIIM remains committed to sustainable and inclusive infrastructure investment. Through MIIG, we join a powerful platform that combines exceptional women and black economic empowerment credentials with proven execution capability and a strong balance sheet which will provide the financial strength to support long-term growth,” said Vuyo Ntoi, co-managing director, AIIM. “Together with Motseng, we are creating a powerful investment platform that not only promised to deliver strong investment returns but also drives long-term socio-economic impact.”
“MIIG represents more than just a business venture, it is a statement of intent. It reflects our commitment to pioneering empowerment-driven infrastructure development that not only meets the needs of the market but also advances meaningful black and black women ownership,” said Ipeleng Mkhari, CEO of Motseng. “This partnership strengthens our ability to deliver high-impact infrastructure projects while aligning with South Africa’s socio-economic transformation goals.”
MIIG’s immediate focus will be on delivering key public-private partnership projects across sectors including social infrastructure, healthcare and government office accommodation. It aims to attract new capital and expand its reach across the SADC region.
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