in Short
Infrastructures : the IFC will put $50 million on projects
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To support the development of infrastructure in Africa, the International Finance Corporation (IFC) plans to invest $50 million in capital in an investment fund. Called the Emerging Markets Infrastructure Fund II, this fund mainly targets transport and energy infrastructure projects in Africa. It was launched in July 2023 by A.P Moller Capital, with a target size of $1 billion.