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2 clusters · 6 sources · 1 days · First seen · Last updated

African infrastructure and private investment initiatives

Overview

African investment initiatives are focusing on infrastructure and private equity to address the continent’s funding gaps. Proparco has committed $15 million to the Capitalworks IV fund, which seeks to invest $350 million into mid-sized South African businesses across sectors like logistics, retail, and industrial services, with the goal of supporting over 2,150 jobs.

Simultaneously, the Casablanca-based fund Africa50 is scaling its operations to increase the cumulative value of its co-financed projects from $9 billion to at least $20 billion over the next five years. The fund aims to attract private capital to bridge the infrastructure deficit, particularly in power generation and transmission. In Algeria, infrastructure development is further evidenced by a strategic railway project designed to connect Algiers to Tamanrasset, intended to integrate southern regions and facilitate the transport of mineral resources.

Entities

Africa50 · Capitalworks · Tamanrasset · African Development Bank · Tshepidi Moremong

Timeline

  1. 2 days ago

    [BUSINESS] 4 sources
    Africa infrastructure: Africa50 scales financing as Algeria expands rail networks

    Africa50 aims to boost infrastructure financing to $20 billion, while Algeria develops a strategic railway linking Algiers to Tamanrasset to integrate its southern regions.

  2. 2 days ago

    [BUSINESS] 2 sources
    Proparco and Africa50 announce major African investment initiatives

    Proparco commits $15 million to a South African private equity fund, while Africa50 targets $20 billion in infrastructure project value over the next five years.

Sources

afrikactus.com · bizcommunity.com · businesstechafrica.co.za · cauris.africa · lechodalgerie.dz · transactiondalgerie.com