Harith

Harith invests in African infrastructure within the five core infrastructure sectors of energy, transport, telecommunications, health and water.

Harith General Partners is the leading Pan-African fund manager for infrastructure development across the continent. With offices in Johannesburg, Cote d’Ivoire and London; Harith manages Africa’s first and only 15-year US$630m infrastructure fund, the Pan African Infrastructure Development Fund (PAIDF) and recently announced the first close of the US$435m PAIDF2. The funds are invested in a number of major projects in diversified sectors such as energy, transport, information and telecommunications, and water and sanitation. Harith recently added health care as a sector.

PAIDF is supported by African capital raised from state pension funds, development finance institutions, top investment banks and financial institutions.

Harith is also in a partnership with Asset and Resource Management Company Ltd (ARM), a leading Nigerian financial services company which currently manages over US$2.7bn of assets, to form the ARM-Harith Infrastructure Fund (ARMIF). ARMIF invests in infrastructure projects in West Africa.

In addition to ARMIF Harith has a joint venture with East Africa's PTA Bank to establish the US$1bn COMESA Infrastructure Fund (CIF) with a mandate to invest in the Common Markets for East and Southern Africa.

Harith has also launched PROGENY which is a project development fund seeking to strengthen project origination capacity in Africa.

The fund manager has also created a joint venture known as TIMU with the Jones Pohl Group. TIMU is an investment company formed specifically to invest in early stage capital into clean energy projects throughout Africa.
www.harith.co.za