African Infrastructure Investment Fund 4
Introduction
AIIF 4 is a broad-based infrastructure fund focused on sub-Saharan Africa, where the lack of energy infrastructure solutions is often a barrier to sustainable economic development. The fund targets investments in energy infrastructure, digital infrastructure and transport and logistics solutions.
Swedfund's investment is expected to support economic development and job creation, as well as increased and improved access to renewable energy, thereby contributing to climate change mitigation.
Read more in our press release: Investment in the African infrastructure fund AIIF4
Facts
SDG in Focus
No Poverty
End poverty in all its forms everywhere.
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Climate Action
Take urgent action to combat climate change and its impacts.
Sector
Energy & Climate
Access to renewable energy is a crucial factor for economic growth and poverty reduction. Today, around 750 million people lack access to electricity, three quarters of whom live in sub-Saharan Africa and the least developed regions of Asia.
Value creation
Our Impact
The investment is expected to promote digital, transport, logistics and energy-related infrastructure in African countries. It is also expected to contribute to job creation and other income-generating opportunities locally and to sustainable economic growth in the region.
ESG
We are working closely with the fund manager to, among other things, develop and implement an environmental and social management system that has the capacity to manage and mitigate environmental and social risks associated with the sector.
Additionality
Our investment is financially additional as we invest in difficult contexts where access to capital is limited, poverty rates are high and the business climate is challenging, and as it is expected to contribute to mobilising capital. The investment is value additional through a strong focus on active value creation during the investment phase, where environmental, sustainability and corporate governance issues are prioritised.