2021 sees surge in fundraising by African infrastructure funds with $2.14bn USD targeted
Africa-focussed infra investment funds have set a record fundraising target in 2021
Majority of deals by infra funds are of ‘green’ assets, as climate rises up the agenda for asset managers
Dry powder and assets under management by infra funds at an all-time high, signalling investment boom to come
Africa-focussed infrastructure investment funds have set record fundraising targets in 2021, according to new analysis by global law firm Linklaters. A total of ten funds have set a combined target of 2.14bn USD in their latest fundraising, a marked increase on previous years and over three times the average annual amount targeted over the last ten years. This year has also seen the largest number of newly formed funds that will specifically target Africa’s infrastructure needs - at ten...