Ravinala Airports SA

Madagascar Infrastructure

The Project comprises the design, build, finance and operation of two existing airports namely Ivato international airport in Antananarivo and Fascène airport in Nosy Bé. The concession will last 28 years, including 3 years of construction (including operational testing and commissioning services).

We are invested in Ravinala Airports SA through Meridiam Infrastructure Africa Fund, which is managed by Meridiam. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, East Africa
Countries:
Madagascar
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Infrastructure
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Meridiam Infrastructure Africa Fund
Fund Manager:
Meridiam
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
May 2017
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Madagascar