British International Investment

African Infrastructure Investment Fund III

AfricaBeninBurkina FasoCameroonDemocratic Republic of CongoGhanaMaliMoroccoNigeriaSouth AfricaTanzaniaWest AfricaZambiaAfricaFinancial servicesInfrastructureTechnology and telecoms

The African Infrastructure Investment Fund III (AIIF III) is the firm’s second sub-Saharan Africa focused fund. AIIF III will target core infrastructure investments in the power, transport and midstream energy sectors across sub-Saharan Africa.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 02 $45m Africa Financial services, Infrastructure, Technology and telecoms May 2017 Active
Investment 03 $5m Africa Financial services, Infrastructure, Technology and telecoms December 2018 Active
Investment 01 $15.63m Africa Financial services, Infrastructure, Technology and telecoms November 2020 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
AIIM Hydroneo Ghana, Mali, Morocco, South Africa North Africa, Southern Africa, West Africa Infrastructure June 2017 Active
Albatros Energy Mali West Africa Infrastructure June 2017 Active
Amandi Energy Ghana West Africa Infrastructure December 2017 Active
Beyond Energy Investments Ltd Africa Africa Financial services November 2018 Active
Central African Corridor Company (CACC) Zambia Southern Africa Infrastructure May 2019 Active
DSM Corridor Group Tanzania East Africa Infrastructure June 2017 Active
Eastcastle Infrastructure Holdings Ltd Democratic Republic of Congo, Nigeria Central Africa, West Africa Technology and telecoms July 2021 Active
Ecow Gas Africa Africa Infrastructure December 2021 Active
Maria Gleta Benin West Africa Infrastructure February 2019 Active
Metrofibre Networx South Africa Southern Africa Technology and telecoms January 2021 Active
Onix Accra 1 Ghana West Africa Technology and telecoms February 2021 Active
Petroleum Products Pipeline SA (3PL) Cameroon Central Africa Infrastructure March 2018 Active
Proton Energy Nigeria West Africa Infrastructure June 2017 Active
Société d’Exploitation et de Gestion Aéroportuaire (SEGAP) West Africa Africa Infrastructure June 2018 Active
Sodigaz Group Burkina Faso West Africa Infrastructure August 2021 Active
Starsight Power Utility Limited Nigeria West Africa Infrastructure December 2017 Active
Tema LNG Terminal Company Ghana West Africa Infrastructure February 2020 Active
Uquo Integrated Gas Business (Accugas) Nigeria West Africa Infrastructure March 2018 Active
Volta (ETIX) Ghana West Africa Infrastructure October 2022 Active
Zina Solaire Burkina Faso West Africa Infrastructure June 2017 Exited

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