Africa50 nears halfway mark in first close of infrastructure fund

By Sreeja Biswas

  • 09 Jan 2024
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Vincent Le Guennou, CEO, Africa50 Infrastructure Acceleration Fund

Africa50 Group, a pan-African infrastructure investment firm, said Tuesday it has hit the first close for its Africa50 Infrastructure Acceleration Fund after securing $222.5 million led by African institutional investors.    The fund secured capital commitments from a bunch of limited partners including the African Development Bank (AfDB) and International Finance ......

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