AfDB-backed Africa50 raises $50M from Italy and France for green infrastructure fund targeting $10B

Billionaires Africa | 12.08.2026 22:31
Africa50, the infrastructure investment platform established by African governments and the African Development Bank, has secured $50 million in new commitments from two European development finance institutions for a fund designed to turn early-stage green infrastructure ideas into projects capable of attracting large-scale private capital.