Multicountry: Africa50 Infrastructure Acceleration Fund I (AIIB-001170)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
FI
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Africa50 Infrastructure Partners I Manager Ltd, Opuiyo Oforiokuma
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Finance
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Ring Fence
  • Climate
  • Infrastructure Projects
A financial intermediary is a commercial bank or financial institution that receives funds from a development bank, sometimes for a specific lending purpose. A "ring fence" is another name for this specific purpose. These funds are then used for lending by the financial intermediary to client companies or individuals.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ AIIB website

Updated in EWS Nov 9, 2026

Disclosed by Bank Oct 28, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank's website, the proposed project aims to support sustainable infrastructure investment across Africa that enhances connectivity with Asia and/or mitigates the effects of climate change, and to mobilize additional private and institutional capital for African infrastructure through an equity investment in the Africa50 Infrastructure Acceleration Fund I LP (IAF or the "Fund”). The Project is a commitment to the Fund, a pan-African infrastructure private equity fund managed by Africa50 Infrastructure Partners I Manager Ltd (the “Fund Manager”). The Fund invests in infrastructure opportunities across Africa with the objective of addressing infrastructure financing gaps across African markets while generating commercial risk-adjusted returns. The Fund, in turn, is sponsored by Africa50, a sovereign-backed infrastructure investment platform established in July 2015 by 20 founding African economies alongside the African Development Bank (AfDB). Its investor base has since expanded to 38 total shareholders, comprising 33 African economies, the AfDB, South Africa’s Public Investment Corporation (PIC), and two central banks: the Central Bank of West African States, Bank Al-Maghrib (the central bank of Morocco), and most recently, African Reinsurance Corporation. 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Proposed Funding Amount: USD 20 million 

Financial Intermediary
A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Africa50 is a pan-African infrastructure investor and asset manager, established to help bridge the continent’s infrastructure funding gap. 


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Project Team Leader: Kishlaya Misra

Title: Senior Investment Officer 

Email: kishlaya.misra@aiib.org 

Co Project Team Leader: Yang Peng 

Title: Investment Analyst 

Email: Yang.peng@aiib.org 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html

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How it works