The infrastructure portfolio has demonstrated resilience through the Covid-19 pandemic, yielding strong returns while continuing to achieve positive outcomes. The portfolio was not untouched by Covid-19 but there has been good recovery of portfolio companies who faced challenges in 2020 as evidenced by the positive impacts reported below.VIEW CAPABILITIES & FUNDS
The OMAI Infrastructure portfolio is managed through AIIM. The portfolio proved resilient through the Covid-19 pandemic and is growing as we emerged out of the pandemic in 2021. The strong performance and positive outcomes achieved highlights the robustness of this asset class.
The total number of vehicles using the road network has increased to pre-Covid levels and the digital infrastructure business has grown.
Globally, the air transport industry was severely impacted by the Covid-19 pandemic and passenger numbers have not yet reached 2019 levels. Fortunately, African Ports and Corridor Holdings saw a 24% increase in throughput tonnage in 2020 and has continued to grow.
The renewable energy infrastructure contribution by IDEAS is significant, with 26 utility-scale renewable energy facilities and 2 off-grid solar portfolio companies. This is evidenced in the Energy section of this report. However, this fund also includes a gas-fired power station, 100km of gas pipeline, 1,370km of road network, 108,143m2 of social infrastructure building area and over 86,000 active fibre connections in its growing digital infrastructure footprint. The road network was impacted by Covid-19 but they have recovered to 2019 levels for heavy vehicles and are almost at the same volumes for light vehicles.