The Maersk-led Africa Infrastructure Fund – managed by A.P. Møller Capital and in which a series of Danish pension funds injected capital since its inception in August 2017 – will need to look further for its first investment on the continent.
The plan to buy the listed Zambian utility Copperbelt Energy Corporation along with UK-state owned development finance institution CDC Group had to be terminated due to a string of unfulfilled criteria.
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