African Development Bank Group Commits $40 Million to Catalyze the Alliance for Green Infrastructure – Project Development Fund

Africa50 secures $118M first close for Green Infrastructure Development Fund in Africa - Innovation Village | Technology, Product Reviews, Business

Africa50, the pan-African infrastructure investment platform, has announced the first close of the Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD) at $118 million, marking a major step forward in mobilizing capital for climate-resilient infrastructure across the continent. The AGIA-PD fund, managed by Africa50, is designed to blend public, private, and philanthropic capital to unlock early-stage financing for trans…

African Development Bank Group Commits $40 Million to Catalyze the Alliance for Green Infrastructure – Project Development Fund

The Alliance for Green Infrastructure in Africa – Project Development Fund is part of the AGIA initiative, led by the African Development Bank, the African Union Commission, and Africa50 MAPUTO, Mozambique, August 14, 2025/APO Group/ — Bank’s investment anchors first close of $118 million for Africa’s leading green infrastructure initiative The Fund, managed by Africa50, seeks to raise $400 million of blended, early-stage development capital t…