{"id":460983,"date":"2018-07-10T21:46:13","date_gmt":"2018-07-10T20:46:13","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=460983"},"modified":"2018-07-10T21:46:13","modified_gmt":"2018-07-10T20:46:13","slug":"africa50-to-announce-new-shareholders-and-investment-updates-at-general-meeting-in-nairobi-on-19-july","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/07\/10\/africa50-to-announce-new-shareholders-and-investment-updates-at-general-meeting-in-nairobi-on-19-july\/","title":{"rendered":"Africa50 to Announce New Shareholders and Investment Updates at General Meeting in Nairobi on 19 July"},"content":{"rendered":"
<\/div>

Africa50, the pan-African infrastructure platform, will host its third General Shareholders Meeting (GSM) in Nairobi, Kenya on 19 July at Villa Rosa Kempinski Hotel. President Uhuru Kenyatta will open the meeting, which is taking place for the first time in East Africa. Henry Rotich, the Cabinet Secretary for the National Treasury in Kenya, will also attend.<\/p>\n

Akinwumi Adesina, President of the African Development Bank and Chairman of the Africa50 Board of Directors, will give a keynote address on the critical role that Africa50 is playing to bridge the continent\u2019s infrastructure funding gap, estimated at US$108 billion annually.<\/p>\n

Africa50 CEO, Alain Ebobisse will provide operational and strategic updates on fundraising and capital increase activities, including an overview of the fund\u2019s growing investment pipeline and announce new shareholder countries. Ebobisse will also present the new members of his Senior Leadership Team which is now fully constituted.<\/p>\n

African Ministers and other senior government officials representing Africa50\u2019s shareholder countries, as well as distinguished business leaders from Kenya, Africa and beyond will attend the meeting. Delegates will review Africa50\u2019s 2017 activities and approve its financial statements.<\/p>\n

\u201cThis is a landmark event\u201d, stated Africa50 CEO, Alain Ebobisse. \u201cMore than ever, Africa50 is in a position to deliver its mandate. In just two years of operation, Africa50 has brought together key players from Africa\u2019s public and private sectors and the broader pan-African and international development finance community. The General Shareholders Meeting will be an occasion to provide an account of progress made in our strategic agenda and further consolidate our shared vision and commitment to accelerating\u00a0infrastructure development in Africa<\/em>.\u201d<\/p>\n

Africa50\u2019s investor base is currently composed of 25 African countries, the African Development Bank, the Central Bank of West African States (BCEAO), and Bank Al-Maghrib, with over US$800 million in committed capital.<\/p>\n

About Africa50<\/strong><\/p>\n

Africa50 is an infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, catalysing public sector capital, and mobilising private sector funding, with differentiated financial returns and impact.<\/p>\n

For more information:<\/p>\n

www.Africa50.com<\/a><\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Africa50, the pan-African infrastructure platform, will host its third General Shareholders Meeting (GSM) in Nairobi, Kenya on 19 July at Villa Rosa Kempinski Hotel. President Uhuru Kenyatta will open the meeting, which is taking place for the first time in East Africa. Henry Rotich, the Cabinet Secretary for the National Treasury in Kenya, will also<\/p>\n","protected":false},"author":527180,"featured_media":460984,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12591,11996,12040],"tags":[],"class_list":["post-460983","post","type-post","status-publish","format-aside","has-post-thumbnail","category-feature","category-finance-en","category-international-institutions","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"\nAfrica50 to Announce New Shareholders and Investment Updates at General Meeting in Nairobi on 19 July - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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