Mobilization of capital into African infrastructure is one of Africa50’s strategic mandates, and as a result, the Africa50 Infrastructure Acceleration Fund (IAF) - a 12 year closeended infrastructure private equity fund was launched. Through the IAF, Africa50 is mobilizing large scale and long-term institutional capital from African and international institutions. The IAF will make equity and quasi-equity investments and take mostly majority stakes in infrastructure projects across the continent. Achieving first close for our first sponsored investment vehicle is critically important to our strategic goal to mobilize institutional investor capital for investments into African infrastructure.
Key Highlights of the Fund
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12-year closed-ended fund
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Targeting US$500 million of capital commitments
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Managed by a high-calibre team of entrepreneurial investment professionals
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Targeting African and International Institutional investors
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Interest received from leading African and Global Institutional Investors
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Benefits from synergies with Africa50 (e.g., track record, strong relationship with African Governments and institutional investors)
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Adheres to internationally accepted Environmental, Social and Governance (ESG) practices
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At first close IAF will purchase seed assets from Africa50’s existing investment portfolio at an independently set valuation
Africa 50 Infrastructure Partners I Manager Ltd - ESG Strategy
Describes the Manager’s ESG strategy developed for the Africa50 Infrastructure Acceleration Fund I LP which is aimed at promoting sustainable economic growth, job creation, and improving the lives of people on the African continent, while preserving natural resources for future generations and creating value for investors.
Africa 50 Infrastructure Partners I Manager Ltd – ESMS Manual
Provides a synopsis of the ESG policies, procedures, tools and templates that make up the Manager’s ESG Management System designed to manage ESG risks and opportunities across the activities that are expected to be undertaken by Africa50 Infrastructure Acceleration Fund I LP in pursuit of its strategy.