Who are we?
Africa50 is an infrastructure investment platform that contributes to the continent’s growth by developing and investing in bankable projects, catalysing public sector capital and mobilizing private sector funding, with differentiated financial returns and impact.
Because of limited public resources the private sector has a significant role to play in delivering the infrastructure which is necessary to support strong economic and social growth in Africa. This requires a greater focus on project development to generate more bankable projects and to leverage a larger pool of capital to fund them.
As part of the 2012 Declaration on the Programme for Infrastructure Development in Africa (PIDA), Africa Heads of States called for innovative solutions to accelerate the delivery of infrastructure on the African Continent, with a strategic framework for the continent’s transformation over the next 50 years.
Agenda 2063 called for the provision of infrastructure to support accelerated integration and growth. In response, the African Development Bank established Africa50, an independent organisation, as part of the solution to this challenge.
Our presence in Africa
Africa50 is currently funded by 23 Africa countries, the African Development Bank and 2 African Central Banks. It is organised into two main arms – Africa50 Project Development which contributes to increasing the number of bankable infrastructure projects and Africa50 Project Finance which invests in private sector/PPP projects primarily in the Energy and Transport sectors as a strategic minority equity partner. Africa50 is continuing to mobilize funding from Institutional investors and other African governments who are not already shareholders.