African Infrastructure Investment Fund (AIIF)

FUND MATURITY

January 2019

FUND STATUS

Fully realised

FUND SIZE

ZAR1 320 million

FUND CLOSE

January 2004

DESCRIPTION

AIIF invests in a diversified portfolio of infrastructure assets across Africa, with a bias towards South Africa. It is predominantly invested in toll road assets, and has exposure to a South African wind farm.

AIIF was established in 2004, following the successful management of SAIF and was realised in 2019 through a secondary market unit sale for investors.

REALISED INVESTMENTS

Kelvin, South Africa
Interest in a 600MW coal-fired power station

Neotel, South Africa
Interest in a fixed-line telecommunications company

Lekki, Nigeria
Interest in a 50km toll road

Umoya, South Africa
Interest in a 67MW wind farm

TRAC, South Africa, Mozambique
Interest in a 570km toll road

N3TC, South Africa
Interest in a 415km toll road