Africa50
| Title | Africa50 |
| E-mail, phone number and mailing address | Africa50 Email: info@africa50.com |
| Facility URL | www.africa50.com |
| Facility Objectives | Africa50 is an infrastructure investment platform that contributes to Africa's growth by developing and investing in bankable projects, catalyzing public sector capital and mobilizing private sector funding with differentiated financial returns and impact. |
| Key activities | Africa50 facilitates project development and channels capital from private investors into well-structured infrastructure projects. It focuses on high-impact national and regional projects, mostly in the energy and transport sectors, that have a strong development impact while providing a reasonable financial return. With separate project development and equity financing companies, Africa50 can provide support at every stage of the project cycle. |
| Type of finance provided | Africa50’s Project Development arm operates following a venture capital model, deploying risk capital in early stages. Investments range from $2-10 million. Balancing profitability and development impact, its seeks a modest return on investment on a portfolio basis to ensure sustainability. Africa50 typically takes significant minority stakes in projects or platforms and plays an active role alongside the main sponsor (except for surrogate sponsor engagement). It partners with other developers to complement the value proposition when beneficial. |
| Size of project supported | Medium to large scale, generally over $20 million. |
| Range of funding provided (min/max) | From $2-10 million for project development through financial close. Thereafter, the Africa50 Project Finance arm can provide equity and quasi-equity, generally for projects of over $20 million. |
| Beneficiaries supported | Public; Private; Public-Private Partnerships |
| Project type | Regional; national |
| Project preparation phases supported | Africa50 identifies projects through its network and shareholders, engaging stakeholders along the deal cycle through relationships with governments and private sector partners to identify and resolve obstacles to move projects to financial close. It mitigates risk by innovative structuring and financial appraisal. The project cycle includes formulating the project concept, doing feasibility studies (technical, ESG, business, and legal), land acquisition, approvals and permitting, contract negotiation and structuring (offtake, EPC, O&M), and financing, guarantees and financial close. |
| Application process | Interested investors or partners should contact Africa50 with a short, preliminary project proposal including, but not limited to, information on sources of finance, experience in the sector, and potential partners. |
| Eligibility exclusions | Projects must be medium to large scale and be national or regional. They must be commercially and environmentally sustainable, have a significant development impact, and offer an appropriate return to investors. |
| Countries | Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, São Tomé & Príncipe, Senegal, Sierra Leone, Togo, Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Democratic Republic of Congo, Gabon, Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe |
| Sub-Sectors | Power generation/renewable sources , Power generation/non-renewable sources , Gas distribution, Logistics, Road transport, Ports, Air transport |