Africa50 is a pan-African infrastructure investment platform with over $800 million in capital that contributes to Africa's growth by developing and investing in bankable projects. Its investor base is composed of 25 African governments, two African central banks, and the AfDB, which played a key role in its creation.
Since 2016, Africa50 has ramped up its operations, with investments in projects in Nigeria, Egypt, and Senegal. It benefits from its close relationships with African governments, its preferential access to deal flow, and an experienced investment team.
One of the key mandates of Africa50 is to increase the number of bankable projects by providing early stage risk capital. At later stages, it also invests equity and quasi equity at or after financial close, taking significant minority stakes of over $20 million. Alongside its direct investment activities, Africa50 leverages its public funds to raise private capital from institutional investors.