Africa50 Eyes Unlocking New Capital Flows Across the Continent

Addis Ababa, August 14, 2025 (ENA)— The Africa50 General Shareholders Meeting (GSM) is currently underway in Maputo, Mozambique, brings together a high-level network of investors to discuss infrastructure development in the continent.

Africa50 is a platform that brings together a high-level network of investors, multilateral institutions and government leaders to shape the future of infrastructure development in Africa.

This year's General Shareholders Meeting, hosted by the Government of Mozambique, is taking place under a heightened global uncertainty and shifting geopolitical dynamics.

The gathering is pushing for infrastructure roll-outs in key sectors on the continent.

As the world grapples with geopolitical issues, Africa is on a drive to mobilize its resources to cushion against the repercussions of the global uncertainty.

It’s a crucial moment as the Africa50 is hosting its general shareholders meeting in the Mozambican capital Maputo.

The entity says more countries are coming on board, it was stated.

Africa50 CEO, Alain Ebobisse said the continent is capable of mobilizing its resources and engage in intra-trade to mitigate the global economic hurdles.


“In the past five months, we have witnessed growing geopolitical uncertainties, an economic nationalism, retreat of financial development,” says Ebobisse.

The African Continental Free Trade Area Secretary General, Wamkele Mene, says member states should look within in to tackle persistent challenges.

“Many countries in Africa closed to 30 countries are beneficiaries of African Growth and Opportunity Act (Agoa) and with these tariffs, we have seen nullification of Agoa. Markets access to the United States is now gone. For example, Lesotho has lost about $780b worth of the exports to the US because of the tariffs,” says Mene.

On his part, outgoing African Development Bank President, Dr Akinwumi Adesina said the meeting discussed an important component of running the continental economy.

“Infrastructure is a major thing for Africa. Infrastructure if you don’t have it, your economy cannot run. And Africa has an infrastructure financing gap,” he adds.

This, while delegates are cautiously optimistic that Africa will overcome its challenges and boost infrastructure in a very harsh geopolitical environment.

 

Ethiopian News Agency
2023