One month after acquiring stakes in Albatros Energy Mali, African Infrastructure Investment Managers (AIIM) announces that it has acquired a 50% stake in the Airport Operations and Management Company (SEGAP), an airport investment holding company present in Ivory Coast, Gabon and the Republic of Congo.
According to a statement from the subsidiary of South Mutual Group of South Africa, made public in early July, the new transaction through the African Infrastructure Investment Fund 3 (AIIF3) will allow SEGAP to capitalize on growth opportunities ”
As the aviation sector in Africa matures and opens up for private sector investment in airport infrastructure. ”
Still controlled at 50% by the Egis engineering group, SEGAP holds interests in three concessionaire companies operating 5 airports in Côte d’Ivoire, Gabon and the Republic of Congo. “AIIM is the right investor to support SEGAP’s growth plans,” said Francis Brangier, CEO of the French company.
Recall that AIIF3 is the third pan-African fund of the AIIM, focusing mainly on energy and transport infrastructure in sub-Saharan Africa. Including SEGAP, AIIM has made six major investments under the AIIF3 fund.
