Africa50 Infrastructure Acceleration Fund

Mobilization of capital into African infrastructure is one of Africa50’s strategic mandates, and as a result, the Africa50 Infrastructure Acceleration Fund (IAF) - a 12 year closeended infrastructure private equity fund was launched. Through the IAF, Africa50 is mobilizing large scale and long-term institutional capital from African and international institutions. The IAF will make equity and quasi-equity investments and take mostly majority stakes in infrastructure projects across the continent. Achieving first close for our first sponsored investment vehicle was critically important to our strategic goal to mobilize institutional investor capital for investments into African infrastructure.

Key Highlights of the Fund

• 12-year closed-ended fund

• Achieved historic First Close, securing USD$222.5 million primarily from African institutional investors

• Targeting US$500 million of capital commitments

• Managed by a high-calibre team of entrepreneurial investment professionals

• Targeting African and International Institutional investors

• Interest received from leading African and Global Institutional Investors

• Benefits from synergies with Africa50 (e.g., track record, strong relationship with African Governments and institutional investors)

• Adheres to internationally accepted Environmental, Social and Governance (ESG) practices

• At first close IAF will purchase seed assets from Africa50’s existing investment portfolio at an independently set valuation