Africa50 to Announce its New Strategy, New Investments, and New Members at its Shareholder Meeting in Dakar on September 12

Casablanca, Morocco, 7 September 2017 - Africa50, the pan-African infrastructure investment platform, will hold its third Shareholders Meeting in Dakar on Tuesday, September 12, at 11:00 a.m. at the King Fahd Hotel.

Hosting the first such meeting in West Africa, President Macky Sall of Senegal will welcome the delegates. Prime Minister Bruno Tshibala of the Democratic Republic of Congo will also attend. African development Bank Group (AfDB) President and Chairman of the Board of Directors of Africa50, Akinwumi Adesina, will give a feature address, and Africa50 CEO Alan Ebobisse will provide updates on the Fund’s most recent investments. He will highlight its growing investment pipeline, as well as announce two new country shareholders.

Africa50’s 23 shareholder governments will be represented by finance ministers, senior officials, and ambassadors. Distinguished members of the business community will also attend.

Delegates will review Africa50’s 2016 activities and approve its financial statements. Africa50’s Board of Directors will present the Fund’s updated investment, fund-raising and capital increase strategies.

Following the event, the media is invited to a press conference with the principals at at 17:00 in the hotel conference center. 

About Africa50  

Africa50 is an infrastructure investment platform that contributes to the continent's growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact.