Africa50 exceeds $1.4 billion in managed assets, cementing its status as a formidable financial powerhouse on the African continent.
Africa50 Drives Infrastructure Revolution in Africa
In a significant move, the African Development Bank (AfDB) has provided $400 million in senior debt financing for Mozambique's flagship $20 billion Liquified Natural Gas (LNG) plant project in Cabo Delgado. This financing is part of Africa50's ongoing efforts to drive Africa's infrastructure development.
Africa50, an investment platform established by African governments and the AfDB, has grown from a single staff member to a continental powerhouse. With an impressive workforce of 100 professionals, Africa50 manages an $8 billion portfolio, underscoring Africa's latent infrastructure investment potential.
Recently, Africa50 sealed two significant pan-African deals. One of these deals is the first close of the Alliance for Green Infrastructure in Africa (AGIA), an initiative envisioned by Dr. Akinwumi Adesina, the President of the African Development Bank Group. The AGIA aims to address the critical shortage of bankable green infrastructure projects by funding feasibility and permitting stages. Africa50 has committed $40 million to absorb early-stage risks, intended to attract up to $10 billion in private investment.
Another notable deal is Africa50's equity investment in the 175 MW Central Termica de Ressano Garcia (CTRG) gas-fired power plant.
The Africa Infrastructure Acceleration Fund, a part of Africa50, has also been successful in mobilizing $275 million from over 20 African institutional investors.
President Daniel Chapo of Mozambique described Africa50 as a key partner in the country's vision to become a reference country in logistics and power. Africa50 signed a framework agreement with the African Continental Free Trade Agreement (AfCFTA) Secretariat for the development and financing of trade-enabling infrastructure.
At its 2025 General Shareholders Meeting in Maputo, Africa50 announced major agreements, notably launching the AGIA-PD, which secured a $118 million first close towards a $400 million target. This fund targets early-stage climate-resilient projects (renewable energy, clean transport, water, ICT), addressing the critical shortage of bankable green infrastructure projects.
Africa50 also signed an MOU with the Ministry of Communications and Digital Transformation, to build a new data centre facility in Maputo and modernize the existing one.
The African Development Bank has been a key player in supporting Africa's infrastructure development. Over the past decade, the Bank delivered $1.6 billion to Mozambique, representing 41% of total Bank financing in the country. The African Development Bank's energy sector investments have helped double Mozambique's national energy access rate from 30% in 2018 to 60% in 2024.
Dr. Akinwumi Adesina, President of the African Development Bank Group, stated that within eight years, Africa50 has demonstrated creativity and innovation that transforms how they approach continental development. Africa50 represents the most substantial institutional investor confidence ever in Africa's infrastructure opportunities.
In summary, Africa50's current status is that of a mature, strategic investment platform actively scaling infrastructure projects and pioneering green infrastructure financing, with robust African and international backing. The platform is positioning itself as a central driver of Africa’s infrastructure transformation in the mid-2020s.
- The financing from the African Development Bank to Mozambique's LNG plant project showcases how investments in energy infrastructure, like the LNG plant, are crucial for Africa's industrial growth.
- In the realm of real-estate, Africa50's equity investment in the Central Termica de Ressano Garcia gas-fired power plant indicates a growing interest in Africa's energy sector, which is vital for supporting businesses throughout the continent.
- Africa50's commitment of $40 million to the Alliance for Green Infrastructure in Africa (AGIA) underscores the importance of finance in funding early-stage climate-resilient projects, particularly in the sectors of renewable energy, clean transport, water, and ICT, thus fostering a sustainable future for Africa's infrastructure and business endeavors.
