TUNIS, Tunisia, July 18, 2008/African Press Organization (APO)/ - The Board of Directors of the African Development Bank Group approved a US$ 25 million equity investment in the Rising Africa Infrastructure Fund (RAIF or the Fund), which will make investments in Public-Private Partnership (PPP) projects that would cover not only concession-type projects for commercial infrastructure but also Private Finance Initiative (PFI) projects for social infrastructure.

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Posted by boyang at July 18, 2008 2:50 PM