TechBloomberg Tech1h ago

A $240 Billion Asset Manager Plans to Back Johannesburg Revival

TL;DRMajor asset manager investing in Johannesburg infrastructure to combat urban decline.

Why it matters: Africa's financial hub getting revitalized could reshape continental tech and business investment patterns.

A $240 billion global asset-management firm with South African origins will financially back infrastructure projects to reverse the decay of Johannesburg, the continent’s financial capital.

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Source: Bloomberg Tech · Opens in new tab