African Development Bank (Abidjan)
New 'Delivery Vehicle' to Raise $50B for Africa's Infrastructure
Initially sponsored by the African Development Bank (AfDB), Africa50 is an innovative vehicle--akin to an Investment Bank for Infrastructure in Africa--created to accelerate the provision of much needed infrastructure on the African continent. Africa50 now has a total of 25 shareholders consisting of 22 African countries, the AfDB, and two African Central Banks (Bank Al Maghrib of Morocco, and the Central Bank of West Africa States - BCEAO). Read more. More about AfDB in this BRIEFING.
African Development Bank, 23 July 2016
Africa50 held on 21 July 2016 its first Annual General Meeting (AGM) following its historic Constitutive General Assembly which took place in July 2015 and where twenty (20)… Read more »
In 2012, African Heads of States in their Declaration on the Program for Infrastructure Development in Africa (PIDA) called for innovative solutions to facilitate and accelerate infrastructure delivery in Africa. In response, and after broad consultations with African stakeholders, the African Development Bank has proposed the establishment of a new delivery vehicle called - Africa50. Africa50 is an Investment Bank for Infrastructure in Africa that focuses on high-impact national and regional projects.
Africa50 - an innovative infrastructure investment platform sponsored by the African Development Bank held its Constitutive General Assembly on 29 July 2015 in Casablanca, Morocco. ... Read more »