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Industrial transformation: CDC Benin, now a member of Africa50-iaf

08/02/2024
Source : ORISHAS FINANCE
Categories: Sectors

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The Caisse des Depots et Consignations du Bénin (CDC) has approved its participation in the Infrastructure Acceleration Fund

Africa50 (Africa50-iaf) supported by the African Development Bank (AfDB).

CDC Benin is a trusted financial partner and a major player in industrial transformation in Benin. He now decides to leave Africa50-IAF. For her, this is a significant stage in the life and functioning of the Institution, which has been operational for four years. La CDC Bénin rejoint grâce à cette participation le cercle restreint de partenaires stratégiques notamment la plateforme AFRICA50-Project Finance , the BAD, SFI, CNPS Cameroon, CNPS Cameroon, CNPS Côte d'Ivoire, etc. acting as pioneers to accelerate infrastructure development on a continental scale

.

noted that the investment platform, the Africa50 Infrastructure Accelerator Fund (Africa50-IAF) aims to boost infrastructure development on the continent. By completing its first funding round at 222.5 million US dollars on December 29, 2023, it reached a new milestone in the implementation of this ambition. This first mobilization will be invested in energy, transport, logistics, etc. projects with a high impact in African countries

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