The fund exceeded its target by 50%, attracting investments from a diverse global investor base.

AIIF4 will focus on addressing Africa’s infrastructure gap by investing in market-leading companies operating in digital infrastructure, energy transition, and transport, ports, and logistics sectors.The fund aims to capitalize on the continent’s growing demand for these services, driven by rapid urbanization and economic growth.

“We are thrilled to have surpassed our target fund size, especially given the challenging global fundraising environment,” said Paul Frankish, AIIM’s Head of Strategic Initiatives.“The strong support from our existing investors and the influx of new capital demonstrate the growing confidence in Africa’s infrastructure sector.”

A key highlight of AIIF4 is its commitment to sustainability and gender equality. The fund has set decarbonization and energy efficiency goals for its investments and is aligned with the 2X Challenge, which promotes gender diversity within portfolio companies.

“Africa presents a significant opportunity for sustainable infrastructure investment,” said Olusola Lawson, AIIM’s Managing Director and Co-CEO.“By focusing on key thematic areas and leveraging our deep local expertise, we are confident in AIIF4’s ability to deliver strong returns for our investors while contributing to Africa’s development.”

With a strong investment track record and a deep understanding of the African market, AIIM is well-positioned to drive sustainable infrastructure development across the continent.