The newly created private-sector focused infrastructure fund, called the Africa50 Infrastructure Acceleration Fund, complements Africa50’s Project Development and Project Finance offering, by implementing an investment strategy tailored to crowd-in funding from a pool of institutional investors.
- The objective is to raise US$500 million in multiple closings, for investment across Africa.
- The Acceleration Fund intends to pursue a rigorous investment strategy of generating attractive returns while mitigating investment risks and creating a portfolio with a blended risk-return profile.
- It intends to invest in power & energy, transport & logistics, water & sanitation, and digital & social infrastructure.
- The Acceleration Fund aims to deliver risk-adjusted returns and contribute to reducing carbon emissions while making development impact through its investments.