Africa50 is a pan-African infrastructure investment platform founded by the African Development Bank and African states following a 2012 African Union declaration calling for innovative solutions to close the continent’s infrastructure financing gap. Headquartered in Casablanca, Morocco, and launched in 2014, Africa50 held its Constitutive General Assembly in 2015 with around $700 million in initial capital subscriptions from 20 African states and the AfDB; its shareholder base has since grown to 38, including 33 African countries plus institutions such as the Central Bank of West African States and the Public Investment Corporation. Alain Ebobissé serves as CEO, with AfDB President Dr Sidi Ould Tah’s predecessor Akinwumi Adesina having chaired the board through much of the platform’s growth. Africa50 manages multiple investment vehicles, including the Infrastructure Acceleration Fund and the Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), and has become one of the continent’s most active infrastructure capital mobilisers.
Company Profile
Key Developments
August 2026: secured $50m in new AGIA-PD commitments from CDP and Proparco and a $20m IAF commitment from British International Investment, alongside new Tanzania partnerships covering LNG, transmission and healthcare infrastructure, announced at the 2026 Infra for Africa Forum in Dar es Salaam.
Key Risks
Both flagship funds (IAF and AGIA-PD) remain below their original fundraising targets years after launch, indicating fundraising has been more gradual than initially planned; success is tied to the broader pace of DFI and institutional capital mobilisation into Africa.
What Happens Next
Continued fundraising toward IAF's $500m and AGIA-PD's $400m targets; deployment of new BII co-investment MOU.
Commercial Opportunity
Relevant for DFIs, institutional investors and infrastructure project sponsors seeking co-investment or project preparation capital across Africa.