African Infrastructure Fund

The AIG African Infrastructure Fund (AIF) is a USD 400.0 million private equity fund established in 2000 to invest in infrastruture projects in partnership with the private sector. The State Secretariat for Economic Affairs (SECO) committed USD 10.0 million to AIF.

AIF’s investment strategy is to invest in Africa’s infrastructure sectors including telecoms, natural resources, agro-industry, transportation, power and water among others. The fund's investments typically range USD 10.0 – 50.0 million, in projects or companies with total valuations of USD 25.0 – 500.0 million. AIF takes significant minority positions, generally 10% to 50% of the company's equity, which are complemented by strong minority rights and board representation.

AIF is managed by Emerging Capital Partners, based in Washington DC, USA and with offices throughout Afirca. ECP is an Africa-focused private equity group with over USD 1.0 billion in assets under management in multiple funds.