Offres d'Emploi - Africa 50
Entreprise: Africa 50
Secteur: Autres services
Africa50 held its constitutive General Assembly in Casablanca, Morocco in July 2015. It is an African-led initiative with early capital commitments from African governments, central banks and the African Development Bank as its cornerstone investor. The African Development Bank is the foremost development finance institution in Africa, established in 1963 to contribute to the economic development and social progress of the continent.
Africa50 will focus primarily on large scale, transformative, commercially and developmentally sustainable infrastructure projects. Africa50 will target investments in high-impact national and regional projects in the energy, transport, ICT and water sectors.
Africa50 has established two business streams, as follows:
- Project Development: The primary objective of this segment is to increase the number of bankable infrastructure projects in Africa. This will be accomplished through substantially increased funding of early stage project development activities, made possible by innovative partnerships and incentive schemes. Further, Africa50 will actively participate through legal, technical, financial and other forms of support of the project development process, sharing costs with member governments and developers and recovering its funding and sweat equity under terms and conditions to be agreed and consistent with market practices.
- Project Finance: This segment will focus on sourcing and making quality later stage investments primarily through equity, quasi-equity including mezzanine instruments. Investments in this segment will be made across the project life cycle i.e. Investments in (i) projects at or near financial close for which bankability has been established, ii) projects in construction, iii) projects already in operation,
Africa50 is an autonomous entity, legally and financially independent. All operational decisions will be made by a management team which will be selected on technical merit and demonstrated managerial competence.
Africa50 has its headquarters in Casablanca. It enjoys all immunities and privileges recognized to International Financial Institutions.