As stated by the IFC, the proposed equity investment is for up to US$20 million in Africa50 Infrastructure Acceleration Fund I LP set up by Africa50 Infrastructure Investment Partners I Manager Ltd to invest in value-add infrastructure assets in Africa and with a core focus across Power & Energy, Water & Sanitation, Transport & Logistics, and Digital & Social infrastructure. The Fund Manager is a subsidiary of Africa50, the Fund’s sponsor.
The IFC categorized the project as FI-1.
As stated by the IFC, Africa50 Infrastructure Investment Partners I Manager Ltd is registered in Mauritius and was created by Africa50 in 2021. Africa50 is a pan-African multilateral institution created by the African Development Bank (AfDB) and currently capitalized by 31 African governments, two African central banks, and the AfDB.
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384
Financial Intermediary - Africa50 Infrastructure Acceleration Fund I LP:
Vincent Le Guennou - Chief Executive Officer
Phone: +212 6 64 84 44 45
Address: C/o IQEQ Fund Services (Mauritius) Ltd - 33 Edith Cavell Street - Port Louis 11324, Mauritius
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