Opuiyo Oforiokuma News

Tshepo Mahloele, CEO of Harith General Partners

Nigeria's ARM and South Africa's Harith announce first close of $250M infrastructure private equity fund

ARM-HARITH Infrastructure Investment Ltd (ARMHIIL), a joint venture between Asset & Resource Management Company Ltd (ARM) and Harith General Partners (Pty) Ltd (Harith) of South Africa, has announced the first close of the indigenously-developed and managed ARM-Harith Infrastructure Fund (ARMHIF).

Infrastructure

ARM to launch Nigeria's first infrastructure fund with $250M

Nigeria’s ARM Infrastructure is close to raising $250 million in the country’s first infrastructure fund, to invest in transport, energy and utility sectors across West Africa, with much of the money coming from pension funds, its managing director said.