BII commits $20 million to Africa50 Infrastructure Acceleration Fund

British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $20 million equity commitment to the Africa50 Infrastructure Acceleration Fund ( IAF ). The capital injection brings the fund’s fourth close to approximately $330 million, reinforcing efforts to mobilize institutional capital toward bankable infrastructure projects across the continent. The commitment places BII alongside major development finance institutions (DFIs) and institut