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British International Investment Commits $20M to Africa50

British International Investment Commits $20M to Africa50

At the Infra for Africa Forum 2026, British International Investment announced a $20 million commitment to the Africa50 Infrastructure Acceleration Fund, managed by Africa Infrastructure Investment Partners. This partnership aims to address Africa's infrastructure financing gap by channeling public and private capital into economic development, job creation, and essential services such as transport, water, digital connectivity, and power.

The fund's fourth close now totals approximately $330 million, with contributions from the African Development Bank, the International Finance Corporation, and over 20 African institutional investors. The fund focuses on key sectors including logistics, power, water sanitation, and social infrastructure.

Leslie Maasdorp, Chief Executive Officer of British International Investment, stated that the combination of capital, networks, and technical expertise will enhance the pipeline of bankable infrastructure projects. Alain Ebobissé, Chief Executive Officer of Africa50, emphasized the necessity of strong institutional partnerships to mobilize long-term private investment alongside public funds to meet Africa's development goals.

Plus234Feed summary based on reporting from Voice of Nigeria. Read the original report below.

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