About This Fund
The Africa50 Infrastructure Acceleration Fund (Africa50-IAF) has garnered $222.5 million in commitments from 16 African institutional investors, including sovereign wealth funds, pension funds, social security funds, insurance companies, banks, and development finance institutions (DFIs) such as the African Development Bank (AfDB) and the International Finance Corporation (IFC). This 12-year closed-ended infrastructure private equity fund intends to target investments in infrastructure assets that can bring about transformative impact, create job opportunities, and advance Africa's green industrial revolution. The fund has a focus on investing in sectors that support sustainable development, such as renewable energy, transportation, and telecommunications. It will primarily target businesses and projects within the African continent, seeking to drive economic growth and development in the region.