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Infrastructure in Africa: up to 500 million dollars mobilized for investments

05/06/2023
Source : ORISHAS FINANCE
Categories: Companies

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Le Pan-African Infrastructure Private Equity Fund has mobilized up to $500 million for investments and value creation in strategic infrastructures.

Electricity, energy, digital and social infrastructure, transport, logistics, water and sanitation are the infrastructures financed by the Infrastructure Investment Acceleration Fund sponsored by Africa50, an infrastructure investment platform launched by governments and the African Development Bank . The Director of the Industry and Trade Development Department of the African Development Bank style="font-family: "Bookman Old Style”, "serif">, Abdu Mukhtar “the Bank's investment will help Africa50 to attract private capital to African infrastructure through a private equity fund vehicle that private investors better understand and in which they are more comfortable investing

.”
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