British International Investment and FMO, the development finance institutions of the UK and Netherlands governments, have committed a combined $116m to African Infrastructure Investment Managers’ fourth pan-African fund.
As an anchor investor, BII committed $76m, and FMO, the Dutch entrepreneurial development bank, committed $40m to the fund, which will be managed by AIIM and which targets investment in high-impact infrastructure projects across Africa...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Nope Africa doesn't need their help at all. Where will they get the money from? They'll print it because according to them, a need has justified it. What happen to Africa? Miseducation of the 1st class