TechBloomberg Tech1h ago

Africa-Asia Infrastructure Fund PIDG to Deploy $1 Billion Yearly

TL;DRInfrastructure fund plans $1 billion annual investments across Africa and Asia through 2030.

Why it matters: Growing capital for emerging market infrastructure could reshape digital and economic connectivity globally.

Private Infrastructure Development Group, which operates in Africa and Asia, plans to invest at least $1 billion each year until 2030 as more investors increase allocation to facilities.

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Source: Bloomberg Tech · Opens in new tab