Liberia: InfraCo Africa raised $7.5mln to build storage spaces
Thursday, 09 April 2020 16:08
InfraCo Africa, a company that raises investments for infrastructure projects in sub-Saharan Africa, commits $7.5 million for the Liberia Inland Storage Facility (LISF) project. With this financing, the UK-registered company becomes LISF’s majority shareholder.
In partnership with the British Global Logistics Services (Group GLS), InfraCo Africa will fund the construction of modern warehousing and storage spaces with inventory management systems. The LISF project is expected to be operational by next year.
“InfraCo Africa is excited to be partnering with the GLS Group on the Liberia Inland Storage Facility project, our first investment in Liberia,” said Gilles Vaes, CEO, InfraCo Africa.
Chamberline Moko
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