[CAVIE/ACCI] The China-Africa Development Fund (CAD Fund) plans to invest in Asky Airlines, a Lomé based pan-African airline which seeks new strategic partners. Presenting interests and opportunities in Togo’s 2018-22 National Development Plan (PND), CEO Shi Jiyang, said the fund will support new projects in Togo including Asky Airlines.
“CAD Fund will continue to support projects in infrastructure, industrial parks, hydroelectric power, resource development and aeronautics,” the manager said during the China-Togo Business Forum in Hangzhou.
Mr. Shi indicated that the desire to enter into the company’s capital is subsequent to its good performance, particularly in 2016. In addition to the aeronautics sector, the fund also intends to support the project to extend the Port of Lomé and create an industrial park in Togo. Let’s note that CAD Fund is the Chinese private investment arm in Africa.
Fiacre E. Kakpo
Read more :