How London impact fund Infraco is adapting to the crisis
The London-based fund, which has invested more than $170m in African projects, has just agreed a contract in Liberia for the construction of a warehouse, signed off electronically – a step it also recently took to agree another project in Ethiopia. In light of the crisis, the fund intends to increase its capital interventions in order to get things moving.
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▪ How London impact fund Infraco is adapting to the crisis
▪ The London-based fund, which has invested more than $170m in African projects, has just agreed a contract in Liberia for the construction of a warehouse, signed off electronically – a step it also recently took to agree another project in Ethiopia. In light of the crisis, the fund intends to increase its capital interventions in order to get things moving.
▪ https://www.africabusinessplus.com/en/804057/comment-le-fonds-a-impact-londonien-infraco-sadapte-a-la-crise/
“In the midst of Covid-19-induced isolation, the final conclusion of the shareholders’ agreement was signed off electronically”, a source at Infraco Africa told Jeune Afrique Business+, adding: “This shows that we can find innovative solutions to continue and adapt our work in these very strange times”.
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