Africa Investor and Africa50 to Co-Host African CEO Project Developers’ Summit in Mauritius 

Casablanca, Johannesburg, Port Louis - 18 April 2018: Africa investor (Ai), the international investment and communications group, and Africa50, the pan-African infrastructure platform established by the African Development Bank, will co-host the fourth Ai CEO Infrastructure Project Developers Summit on June 18 in Mauritius.

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Raza Hasnani Appointed Head of Infrastructure Investments at Africa50 Project Finance

Casablanca, March 4, 2018 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to announce the appointment of Raza Hasnani as Head of Infrastructure Investments for Africa50 Project Finance.

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Kimberly Heimert Appointed General Counsel at Africa50

Casablanca, March 5, 2018 - Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 25 African countries, and two African Central Banks, is pleased to announce the appointment of Kimberly Heimert as General Counsel.

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Africa50 Reaches Financial Close for Solar Plants in Egypt

Africa50, the infrastructure fund for Africa, Scatec Solar and Norfund have signed the long-term financing documentation for the 400 MWDC utility scale photovoltaic (PV) power plants in Egypt for which they had previously entered into a Joint Development Agreement (JDA). The project, which was developed under the second round of the Egyptian Feed-in Tariff Program, reached financial close on October 27.

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Senegalese President Sall Hails Africa50’s Cooperation with Senelec to Develop the Malicounda Power Plant

Casablanca, Morocco, September 21 -- At its second annual Shareholders Meeting in Dakar on September 12, Africa50, the infrastructure fund for Africa, signed a development agreement with Senelec, Senegal’s electricity provider, for competitive selection of a strategic sponsor to develop a 120 MW combined cycle thermal power plant at Malicounda. Together, the consortium will secure financing and supervise construction and operation of the plant.

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