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A major new $500 million fund has been launched in Abu Dhabi, dedicated to accelerating infrastructure development across Africa. The initiative is a partnership between London-based asset manager Gemcorp Capital and Angola’s sovereign wealth fund. It aims to direct vital private capital into transformative sectors like critical minerals, clean energy, water, and food security. Gemcorp will contribute and manage up to $50 million, while the Angolan fund has committed an initial $50 million that could rise to $200 million as global investors are brought in. The new Pan-African Infrastructure Fund builds on the Gulf region’s increasing investment footprint in Africa and aligns with Abu Dhabi’s push to position itself as a global capital hub. By combining international expertise with strategic African backing, the fund seeks to unlock economic growth and address some of the continent’s most pressing developmental challenges through sustainable, large-scale projects.
SEMAFOR