The Appleby Mauritius team, led by partner Sharmilla Bhima, has advised the Emerging Africa Infrastructure Fund (EAIF) on all aspects of Mauritius law on a USD 294 million debt raise for one of the largest capital raises emanating from a consortium of prominent financial institutions, comprising the Allianz Group, Standard Bank Group and KfW, to further develop infrastructure in Africa.
This financing represents over half of EAIF’s goal to raise USD 500 million by 2025 and EAIF’s larger vision to invest USD 700 million in infrastructure within the next few years. The package will enable EAIF to further its strategic operational and financial capabilities to tap into more opportunities, to reach out to developing countries within the African continent.
For more information on the deal please review the link below: https://www.eaif.com/