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The African Union and part of Temasek Holdings Pte (SMEC) are considering supporting a plan to develop as many as 123 new cities across Africa, as reported (by Bloomberg. The plan was developed by Africa123 (https://apo-opa .info/3NbnXlM).
“The Africa Foresight Fund is proud to participate in a very exciting multi-generational pan-African development vision. The company is pleased to have helped bring industry players – Africa123 and SMEC – together for this exciting opportunity, with the ultimate goal of leading the way in green urban design for future African generations,” said Jacques NdoutouMvé, co-founder and director of the Africa Foresight Fund (AFF) “For investors, from institutional funds to family offices, the African continent is globally important and will become a center of gravity in the very near future”.
SMEC is a global infrastructure consultancy owned by a subsidiary of Singapore-based Temasek, which has a portfolio of approximately $300 billion.
The Africa Foresight Fund (AFF) is currently offering investors Milkwood City (just north of Cape Town), a major project in the Africa123 portfolio: “A green city of the future in beautiful South Africa,” says NdoutouMvé. land opportunity supports an incredible new urban center.”
AFF is a South Africa-based private equity fund company with a representative office in Toronto, Canada. Email (email protected)
Distributed by APO Group on behalf of Africa Foresight Fund.
For more information contact:
(email protected)
+1 416-616-0062
https://apo-opa.info/3N1buRr
This press release is issued by APO. The content is not checked by the African Business editors and none of the content has been checked or validated by our editors, proofreaders or fact-checkers. The publisher is solely responsible for the content of this announcement.
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