Harith Buys African Infrastructure Fund for R6.5bn

South African private equity firm Harith General Partners has led a group of investors to acquire an infrastructure fund with significant interests in assets such as Lanseria International Airport and Kelvin Power Station for R6.5 billion. This transaction marks a strategic exit opportunity for existing investors in the first Pan African Infrastructure Development Fund, underscoring Harith's continued commitment to infrastructure investment across the African continent. The fund's acquisition positions Harith to further amplify its influence in the crucial infrastructure sector, with potential ripple effects on regional economic development and stability. As the African infrastructure space continues to attract substantial attention from private equity, the purchase reflects broader trends of investment influxes into the continent's critical infrastructure projects. This agreement reinforces Harith's strategic objectives to expand its investment portfolio and demonstrates investor confidence in the region's growth prospects.