The International Finance Corporation (IFC) is considering an investment of $50 million in the Emerging Markets Infrastructure Fund II, a fund targeting transport and energy infrastructure projects in Africa and Southeast Asia. The fund, launched by A.P. Moller Capital in July 2023 with a target size of $1 billion, focuses on these regions and aims to support projects in sectors such as energy and transport.
The Emerging Markets Infrastructure Fund II will provide financing to companies operating in areas like transport, logistics, and renewable energy, particularly in countries where investment in these infrastructures is limited but demand is increasing. If approved by the IFC’s Board of Directors, this investment will bolster the fund’s resources for developing critical infrastructure projects, including those related to cold-chain storage, port and airport infrastructure, and power and telecommunications.
This initiative underscores the growing importance of infrastructure development in addressing the needs of emerging markets and promoting economic growth in these regions.
