Africa50, an investment institution established by African countries, is dedicated to addressing the continent’s significant infrastructure gap. Over the past seven years, it has invested in 27 projects across 29 countries, with a total value of over $8 billion. These projects span crucial sectors like energy, transport, information and communications technology, and healthcare, delivering real benefits to local economies while providing attractive returns for investors.
The institution is pioneering innovative financing and development models to scale its impact. In December 2023, it achieved a historic first close of $222.5 million for its Infrastructure Acceleration Fund, leveraging African institutional capital. A landmark transaction was the asset recycling deal for The Gambia’s Senegambia Bridge, which allows the government to generate funds for other development priorities by concessioning a public asset to private investors.
Africa50 is playing a key role in the continent’s energy transition. It leads the Alliance for Green Infrastructure Africa (AGIA), a platform aiming to mobilize $10 billion in green infrastructure investment. The institution is also managing the Africa Solar Facility (ASF), a $200 million initiative providing tailored financing for small-scale, distributed renewable energy projects to help bring electricity to the 680 million people in Africa who currently lack access.
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