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Africa50 to Announce New Shareholders and Investment Updates at General Shareholders Meeting in Marrakech, Morocco, on 19 July

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Casablanca, 6 June 2022 – Africa50, the pan-African infrastructure funding platform, will maintain its 2022 Basic Shareholders Assembly in Marrakech, Morocco, from 19 – 20 July 2022. The occasion is predicted to be opened by H.E Aziz Akhannouch, Head of Authorities of the Kingdom of Morocco.

Dr Akinwumi Adesina, President of the African Growth Financial institution and Chairman of the Africa50 Board of Administrators, will ship a keynote deal with on the vital position infrastructure investments play in enabling Africa’s resilient restoration and sustainable progress, at a vital time for the continent. He can even co-chair the statutory Basic Shareholders Assembly with Ms. Nadia Fettah, Minister of Financial system and Finance of the Kingdom of Morocco. CEO Alain Ebobissé will present updates on Africa50’s funding and fundraising actions, together with an outline of the corporate’s rising funding pipeline and announce new shareholder nations. CEO Alain Ebobissé will present updates on Africa50’s funding and fundraising actions, together with an outline of the corporate’s rising funding pipeline and announce new shareholder nations.

The occasion might be attended by African Ministers of Finance and different senior authorities officers representing Africa50’s shareholder nations, in addition to heads of establishments, the diplomatic corps, and distinguished enterprise leaders from Morocco, Africa and globally.

“This Basic Shareholders Assembly comes at a vital time”, acknowledged Africa50 CEO, Alain Ebobissé, “Because the continent faces unprecedented exterior shocks and is recovering from the COVID-19 pandemic, we want sturdy, modern and daring responses to speed up the restoration whereas driving climate-resilient and sustainable progress. Infrastructure will play a key position on this. Africa50, with the assist of its shareholders, is able to scale up and velocity up investments to speed up the supply of transformational initiatives in Africa”.

Following the Shareholders Assembly, Africa50 will co-organize with the Company Council on Africa (CCA), a collection of periods devoted to infrastructure investments, as a part of the 14th version of the U.S.-Africa Enterprise Summit. This annual occasion which is able to host African Heads of State, in addition to U.S. and African authorities and enterprise leaders goals to create long-term partnerships and alternatives between key private and non-private sector decision-makers from america of America and Africa.

Talking about Africa50’s partnership with the CCA, the President and CEO, Florie Liser stated, “Because the U.S. and African companions look to get better from the well being and financial impression of the COVID-19 pandemic, this 12 months’s summit offers a wonderful alternative to discover the U.S. and African private and non-private sectors’ renewed dedication to constructing stronger financial ties and increasing and deepening the U.S.-Africa commerce, funding, and enterprise relationship”.

The Kingdom of Morocco is among the founding shareholders of Africa50 and the host nation of the group’s headquarters.

Media Contact:

Nana Boakye-Yiadom, Senior Communications Coordinator, Tel: +212666166308, [email protected]

Class: Press Launch

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