Africa50 is an infrastructure investment platform that contributes to Africa's growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding.
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.
Africa50 has raised over US$871 million so far from 28 African governments, the African Development Bank, and institutional investors, and intends to reach a target capitalization of US$3 billion. It operates as a commercial financial institution, seeking to deliver an attractive return to its investors.