DEG invests $10m in African fund

German development financier DEG has signed a $10 million investment in African Infrastructure Investment Fund 3 (AIIF3), an infrastructure private equity fund managed by African Infrastructure Investment Managers (AIIM).

AIIM actively manages investments across Africa and has assets under management of $1.9. billion with a track record extending across six African infrastructure funds.

Reach Africa’s private equity community by publishing a Showcase Article, Job Opportunity or Event on Africa Private Equity News. Contact us at editor@africaprivateequitynews.com for our rate card and more information.