Africa Focused Infrastructure Fund Raises $294 Million Debt
- UK-backed fund has committed $1.3 billion to the continent
- Targets energy transition, low-carbon infrastructure projects
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An Africa focused infrastructure fund raised $294 million in debt capital to invest in projects on the continent as well as diversifying into Asia.
The Emerging Africa Infrastructure Fund reached that level via a funding round that closed in December, passing the halfway mark of its $500 million target by 2025.