Ninety One-Managed EAIF Signs Master Cooperation Agreement with IFC for Funding of African Infrastructure Project

Source(s): EAIF

The Emerging Africa Infrastructure Fund (EAIF), a joint public and private investment fund owned by the Private Infrastructure Development Group and managed by Ninety One (formerly Investec Asset Management), has signed a Master Cooperation Agreement (MCA) with the International Finance Corporation (IFC). The MCA will come into operation when the IFC is the mandated lead arranger of the debt package for an infrastructure project involving the two parties. Read more