AIIM acquires stake in DCG

African infrastructure equity investment manager African Infrastructure Investment Managers (AIIM) has acquired a 60% interest in dry bulk terminal operator DSM Corridor Group Tanzania (DCG), in the Port of Dar es Salaam, in Tanzania. “The port and surrounding infrastructure is set to be refurbished under the lauded Dar es Salaam Maritime Gateway project, which is jointly funded by the World Bank, the UK’s Department for International Development and TradeMark East Africa,” AIIM CEO Jurie Swart said. He added that its strategic location services multiple landlocked countries including Zambia, Uganda, the Democratic Republic of Congo, Rwanda, Burundi and Malawi.