Objectives

Africa’s infrastructure financing needs are estimated at USD 95 billion per annum. At present, less than half of this amount is being mobilized, leaving a gap of USD 50 billion per annum. Africa50 is the result of experience and innovation. Africa50 is an infrastructure investment platform designed to significantly narrow the infrastructure finance gap in Africa. The vehicle aims at shortening the time between project idea and financial close – from a current average of 7 years to under 3 years, thereby delivering a critical mass of infrastructure in Africa in the short-to-medium term. Africa50 builds on AfDB’s recent successes in overcoming early-stage bottlenecks to infrastructure projects, mobilizing political support for necessary reforms, and deploying skilled experts to work along-side government.

Infrastructure and Investment Need and Gap