By Emele Onu | Updated on Jun 08, 2026 at 03:31 PM
ARM-Harith Infrastructure Investments Ltd., a private equity fund manager, said it aims to raise $200 million to invest in energy and climate infrastructure projects across sub-Saharan Africa.
Chief Executive Officer Rachel Moré-Oshodi said the Lagos, Nigeria-based company secured $76 million in a first round of fund raising for its Successor Fund and aims to conclude the exercise in 2027.
The initial financing includes a combined $20 million from the African Development Bank and FSD Africa Investments designed to de-risk participation by domestic investors, the firm said in an emailed statement.
ARM-Harith is a partnership between Lagos-based Asset and Resource Management Holding Co. and South Africa’s Harith General Partners.
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