Proparco Commits $15 Million to AIIM’s African Transition Acceleration Fund
French development finance institution Proparco has committed $15 million to the African Transition Acceleration Fund (ATAF), a new pan-African fund focused on financing climate infrastructure at an early stage of development. The fund is managed by African Infrastructure Investment Managers (AIIM), a pan-African infrastructure investment manager, and has reached a first close as part of a targeted $200 million fundraising.
Source: Africa Private Equity News (link opens in a new window)
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