Restructuring of ownership at Gauteng’s Lanseria International Airport is expected to unlock significant capital for infrastructure projects planned to transform the facility into a regional and global aviation hub.
Two of the airport’s major shareholders – the Government Employees Pension Fund (GEPF) and the Pan African Infrastructure Development Fund (PAIDF) – have announced changes in their shareholdings as part of strategic realignment and restructuring of investment in the airport.
The GEPF will increase its shareholding while the PAIDF will transfer its interest to a newly formed investment vehicle called Harith InfraCo Limited. The realignment is the first significant change since 2013 when the GEPF, together with the…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
