IFC backs Emerging Markets Infrastructure Fund II

The International Finance Corporation (IFC) has announced a $50 million equity investment in A.P. Moller Capital’s $1 billion Emerging Markets Infrastructure Fund II (EMIF II).

The fund will invest in Africa, and South and Southeast Asia. Approximately 60% of the fund will focus on onshore transport infrastructure (ports and storage, roads and rail, warehouses and distribution), while the remaining 40% will be directed towards renewable energy, as well as distribution infrastructure....

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