Powered by

-AfDB-Africa50 to mobilise USD 1 billion for infrastructure projects in Africa

Jul 25, 2016 - ENP Newswire

Africa50 held on 21 July 2016 its first Annual General Meeting (AGM) following its historic Constitutive General Assembly which took place in July 2015 and where twenty (20) African countries and the African Development Bank subscribed to a total of USD 830 million in its initial share capital.

The AGM saw the participation of African governments and central banks with delegates discussing the progress to date and future prospects of the Fund as well as approving the audited financial stat...