USD748 million fund commitments (USD954 million total commitments incl. co-investments)

July 2024

AIIF4 is AIIM’s fourth pan-African infrastructure fund building on the strategy developed across the AIIF2 and AIIF3 funds.

AIIF4 focuses on thematic investing behind three key themes: digital infrastructure, energy transition and mobility & logistics across Africa.

AIIF4’s strategy is to focus on targeting market leading companies with primarily private sector counterparties, operating in one of these three key thematic verticals.

AIIF4 achieved final close in July 2024 at its hard cap, exceeding the target size by 50 percent.

AIIM’s strategy is to target sustainable infrastructure investments across Africa, one of the world’s most underserved infrastructure investment markets globally, through the deployment of investment strategies developed from investing in the sector for 20+ years. AIIM applies a customized Theory of Change methodology to deliver measurable impact through its established ESG and sustainability practices for AIIF4, which is an FMO Green Labelled fund and is part of the global 2x Challenge for gender lens investing.

The Logistics Group, South Africa, Mozambique, Namibia, Zambia and Tanzania
Integrated ports operator and logistics service provider in Southern Africa

Eastcastle, Nigeria and Democratic Republic of Congo
Interest in a telecom tower company

NOA, South Africa
Interest in an integrated renewable energy platform

Infraconnect 15 & 18, Kenya
Interest in a 80km road upgrading programme

Commercial Cold Holdings, South Africa & Namibia
Interest in temperature-controlled logistics platform

N+One Data Centers, Morocco & Senegal
Interest in a carrier neutral data center operator