Through the Emerging Markets Infrastructure Fund II, the financial institution plans to finance transport and renewable energy projects in targeted countries where such infrastructure is limited, in Africa as well as in Southeast Asia.
The International Finance Corporation (IFC) plans to invest $50 million in an investment fund targeting transport and energy infrastructure projects in Africa.
Called Emerging Markets Infrastructure Fund II, the said fund was launched, in July 2023, by A.P. Moller Capital, with a target size of $1 billion. It focuses on South and Southeast Asia and Africa, and targets projects in several countries in these regions, mainly in the energy and transport sectors.
If approved by the IFC's Board of Directors, Emerging Markets Infrastructure Fund II will obtain additional resources to finance companies operating in the transport, logistics, and renewable energy sectors, in targeted countries where investment in these infrastructures is limited, but demand for these services is growing.
The fund, A.P. Moller Capital's second after Emerging Markets Infrastructure Fund I, will use the resources raised to finance projects in the fields of transport, logistics, cold-chain storage, port and airport infrastructure, as well as initiatives in the power and telecommunications sectors.
Charmberline Moko
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Silver hit a record $74.8 an ounce in late December 2025 Analysts see prices ranging from&nb...
Egypt’s Customs Authority signed an agreement with South Korea to modernize customs and e-commerce...
Ethiopia seeds 2.7M hectares for summer wheat, aiming for 17.5M tons to end import dependency and ...
The talks reportedly aim to boost digital resilience after West Africa’s recent connectivity disru...
Transnet–ICTSI partnership for Durban Pier 2 became effective on January 1, 2026 Private investment targets higher capacity and improved terminal...
Technical difficulties disrupt drilling operations offshore Benin Sèmè field restart, planned for late 2025, pushed back with no new date Target...
Several countries across Africa face mounting public health challenges, ranging from workforce shortages and ethical concerns in medical research to...
New government expands to 31 members, up from 30 previously Key economic portfolios reassigned amid focus on cost of living Reshuffle follows local...
Each year around 2 January, the streets of Cape Town host the Cape Town Minstrel Carnival, also known as Kaapse Klopse. Rooted in the nineteenth century,...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...