Africa50 to Support the Development of Africa’s Natural Gas for Clean Power, Industries and Households
Africa50 will support the development of Africa’s natural gas resources to help countries produce clean power, accelerate their industrialization and provide affordable energy to households, Africa50 CEO, Alain Ebobissé said yesterday in New York, as he announced the release of Africa50’s report Investing in Natural Gas for Africans: Doing Good and Doing Well.
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Africa50 invests in landmark Room2Run US$1 billion securitization transaction
The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and Mizuho International plc today announce the pricing of Room2Run, a US $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk. Room2Run is the first-ever portfolio synthetic securitization between a Multi-Lateral Development Bank (MDB) and private sector investors, pioneering the use of securitization and credit risk transfer technology to a new and previously unexplored segment of the financial markets.
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Africa50 Inaugurates its Headquarters in Casablanca
On Friday, the pan-African infrastructure investment platform, Africa50, inaugurated its headquarters in Casablanca, in the presence of Otman Ferdaous, Secretary of State for Investment at the Ministry of Industry, Investment, Trade, and Digital Economy, and Salaheddine Mezouar, President of the Confederation of Moroccan Enterprises and former Minister of Foreign Affairs.
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Africa50 CEO meets Moroccan Prime Minister, Mr. Saad Eddine El Otmani to discuss infrastructure development
Ahead of the inauguration of Africa50 Headquarters in Casablanca, a delegation of the pan-African investment platform, led by its CEO, Mr. Alain Ebobisse, paid a courtesy call on Moroccan Prime Minister, Mr. Saad Eddine El Otmani, on Thursday, in Rabat, after a meeting with the newly appointed Minister of Economy and Finance, Mr. Mohamed Benchaaboun.
Categories: Press Releases
Africa50 Names Five New Independent Board Members
Africa50 shareholders approved the expansion of the Board of Directors to include at least half independent directors.