Harith General Partners, one of the largest investors in African infrastructure, has announced a $200 million capital raise in a follow-up fund to its pan-African Infrastructure Development Fund (PAIDF) 2, that is open to existing and new investors.
The PAIDF 2 Infrastructure Top Up Fund was established to take advantage of very near-term expansion opportunities in some of the best-performing PAIDF 2 portfolio companies and realize a mature pipeline of high-quality infrastructure opportunities for investors.
“Rather than just investing in potential future projects, our PAIDF 2 Top-Up Fund provides investors with immediate exposure to established, world-class assets that are generating returns today and an experienced management team that has been together for more than a decade, making investments in some of the most difficult environments on the continent,” said Sipho Makhubela, CEO of Harith General Partners.
He added, “The PAIDF 2 Top-Up fund will furth
