Commodities
Africa50 Secures New Investments to Boost African Infrastructure
Africa50, a specialist investor in African infrastructure, has secured new investment commitments and strategic partnerships to mobilize fresh capital for infrastructure delivery across the continent.
The investments will be channeled into infrastructure projects, green project development, and the expansion of specialist healthcare services, translating new capital into projects and services that deliver economic impact.
Africa50 signed a partnership with Tanzania Petroleum Development Corporation (TPDC) and TAQA Arabia to establish the first phase of a small-scale Liquefied Natural Gas (LNG) project aimed at distributing domestic natural gas to industrial and transportation customers nationwide.