Tuesday
November 12
2024

EAAIF Makes Anchor Investment of $28 Million in Africell

By Karolina Adamkiewicz

The Emerging Africa & Asia Infrastructure Fund (EAAIF), a blended finance vehicle that is part of the Private Infrastructure Development Group, has made an anchor investment of $28m (€25.6m) into the oversubscribed $300m capital market maiden bond issued by Africell.

Photo courtesy of Colin Charles.

Source: Impact Investor (link opens in a new window)

Categories
Investing, Technology, Telecommunications
Tags
blended finance, data, impact bonds, infrastructure, mobile finance