AFRICA50 : Sidi Ould Tah leads a new vision for investment in Africa

(LVDE) – Recently, the current President of the African Development Bank (AfDB), Sidi Ould Tah, was appointed Chairman of the Board of Directors of Africa50. This appointment marks the beginning of a new era for the investment platform dedicated to African infrastructure, with ambitious goals for the continent’s development.

The infrastructure investment landscape in Africa is entering a decisive phase with the appointment of Sidi Ould Tah as Chairman of the Board of Africa50. Formerly President of the African Development Bank, Ould Tah succeeds Akinwumi Adesina, who played a pivotal role in advancing financing initiatives across the continent. “We are honored to announce that Dr. Sidi Ould Tah is the new Chairman of the Board of Directors of Africa50,” the group stated on its LinkedIn page, underscoring the significance of this transition.

At the same time, other prominent figures have joined the Board, including Daniel Mminele, Victoria Kwakwa, and Samir M. Suleymanov, bringing with them diverse expertise. According to Africa50, “their leadership and experience will be instrumental in advancing high-impact and sustainable infrastructure growth across the continent.” This new board composition reflects Africa50’s strategic commitment to strengthening its mission of closing Africa’s infrastructure gap while transforming the lives of its citizens.

Founded in 2013 and incorporated in July 2015, Africa50 is recognized as a leading investment platform focused on accelerating the execution of infrastructure projects. Headquartered in Casablanca, Morocco, its shareholders include nearly all African countries — a testament to the continent’s collective determination to mobilize resources for development. The platform has become a key player in implementing public-private partnerships, thereby facilitating access to substantial global financing.

Under the leadership of Alain Ebobissé, Chief Executive Officer since 2016, Africa50 has supported numerous large-scale projects, particularly those with direct socio-economic impact. “We prioritize medium- and large-scale projects that deliver attractive returns to investors while promoting sustainable development in Africa,” said Ebobissé. This approach reinforces Africa50’s role as a growth catalyst, mobilizing private capital for critical projects that impact millions of Africans.

Africa50’s impact extends far beyond figures. By facilitating investments in infrastructure such as roads, bridges, and energy facilities, the platform contributes to improving living conditions and stimulating local economies. Expectations are high for the new initiatives to be rolled out under Sidi Ould Tah’s leadership, whose track record at the AfDB demonstrated his ability to navigate complex environments and deliver tangible results.

With this new leadership, Africa50 reaffirms its commitment to playing a central role in Africa’s infrastructure development, addressing the pressing needs of governments and citizens alike. As the continent faces mounting infrastructure challenges, the platform stands as a beacon of hope for a more prosperous future—one where strategic investments drive sustainable and inclusive growth.

Anatole Bidias