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Home-Grown African Wealth Funds Seeking Foreign Partners To Fix Infrastructure Gap

by reuters.com posted 1year ago 1000 views
<p>Africa, famously short of new roads, ports and power stations, is increasingly leaning on its own sovereign investment funds to help fix its infrastructure gap.</p> <p>The funds - which have around $150 billion between them, according to research firm Preqin - are digging in themselves and offering co-investment opportunities and guarantees to attract foreign capital.</p>