While the news for full-year 2024 was dominated by consolidation across the infra fund community, fundraising has continued undaunted to achieve a respectable level of activity

Africa-focused data centre operator PAIX Data Centres is expanding into Dakar, Senegal, to further its network in west Africa

Dallas-based DataBank has secured a $250 million equity investment from TJC and completed a $600 million secondary share offering to satisfy “excess investor interest” for its most recent funding round

Qatari telco Ooredoo and French subsea cable business Alcatel Submarine Networks have signed an agreement to develop a subsea cable network connecting 7 countries in the region

The African Development Bank has approved a $160 million senior corporate loan to Axian Telecom to support the modernisation and expansion of its network infrastructure and promote financial inclusion in Africa

Sweden’s development finance institution Swedfund has signed a €40 million commitment to the Emerging Africa and Asia Infrastructure Fund

CION Investments and GCM Grosvenor have launched fundraising for an evergreen infrastructure fund to bring private investors into GCM’s infra platform

Tikehau Capital is set to acquire a majority stake in TTSP HWP, a Frankfurt-based technical advisory firm specialising in the data centre market

The Government Service Insurance System, the pension fund for Philippine government employees, has received a $272 million payout from the Macquarie Asia Infrastructure Fund 2

Leading German lender NordLB plans to close its Singapore Branch, marking its exit from the Asia Pacific, IJGlobal can reveal

Alternative networks FullFibre and Zzoomm have merged to expand FullFibre’s existing group and will have one of the UK’s largest altnet fibre footprints

IJGlobal’s full-year 2024 data for greenfield infrastructure and energy transactions show a marked improvement on the previous year, however a good deal of the activity is dominated by refinance of debt