Antananarivo: Africa50 Shareholders’ General Assembly 2024
WHAT: Africa50 Shareholders’ General Assembly 2024
WHEN: September 19, 2024
WHERE: Ivato International Conference Center, Antananarivo, Madagascar
On September 19, 2024, Africa50, in collaboration with the Government of Madagascar, will host its Annual General Assembly in Antananarivo. This major event will bring together global leaders, investors, policymakers, and infrastructure experts to discuss strategies for financing and implementing infrastructure projects aimed at ensuring a sustainable future for Africa.
Under the high patronage of H.E. Andry Rajoelina, President of Madagascar, and with interventions from Mr. Alain Ebobissé, CEO of Africa50, and Dr. Akinwumi A. Adesina, President of the African Development Bank, the Assembly will focus on capital mobilization, public-private partnerships, and clean cooking solutions. A dedicated session will address “Innovative Financing Solutions for Africa’s Energy Transition,” exploring investments in renewable energy and new financial instruments.
Madagascar, with its potential in solar and hydroelectric energy, agricultural exports, and essential minerals, positions itself as a key destination for infrastructure investments. The AGM will highlight these opportunities to international investors.
The program will include a roundtable on “The Role of Natural Gas in the Energy Transition,” calling for the adoption of cleaner cooking solutions to reduce reliance on traditional energy sources. The event will also offer networking opportunities and presentations of investment opportunities in various sectors, catalyzing infrastructure development across Africa.
Organizer
Africa50 is a pan-African infrastructure investor dedicated to promoting economic and social development across the African continent. By focusing on the financing and implementation of bankable infrastructure projects, Africa50 plays a crucial role in stimulating growth and modernizing infrastructure in Africa.
Mission and Objectives
The primary mission of Africa50 is to bridge the infrastructure gap in Africa by mobilizing large-scale capital for high-impact projects. The organization aims to facilitate investments in key sectors such as energy, transport, information and communication technology (ICT), and water. By identifying and supporting viable and sustainable projects, Africa50 contributes to improving the quality of life for African populations and stimulating economic growth.
Structure and Partnerships
Africa50 has 34 shareholders, including 31 African countries as well as major regional financial institutions such as the African Development Bank (AfDB), the Central Bank of West African States (BCEAO), and Bank Al-Maghrib. This diverse and strong partnership enables Africa50 to raise substantial funds and benefit from local and regional expertise for the successful execution of its projects.
Projects and Achievements
Since its inception, Africa50 has invested in several major infrastructure projects across the continent. These projects span a wide range of sectors and are designed to meet Africa’s growing infrastructure needs. Notable projects include power plants, roads, bridges, telecommunications networks, and water supply systems.
Commitment to Sustainability
Africa50 is also committed to promoting sustainable and environmentally friendly practices in all its projects. The organization strives to integrate ecological and innovative solutions to minimize environmental impact and maximize socio-economic benefits for local communities.
For More Information
To learn more about Africa50, its projects, and how the organization is contributing to transforming infrastructure in Africa, visit: africa50.com.
