Africa50, the pan-African infrastructure investment platform, has secured fresh capital and strategic partnerships aimed at accelerating infrastructure development across Africa. The new commitments were announced at the 2026 Infra for Africa Forum in Dar es Salaam, Tanzania, highlighting growing investor interest in financing projects that can strengthen the continent’s energy, healthcare and transport systems.
A major boost came from British International Investment (BII), which committed $20 million to Africa50’s Infrastructure Acceleration Fund (IAF). The latest investment takes total commitments to the fund to about $330 million, giving Africa50 greater financial capacity to support infrastructure projects across African markets.
Beyond the new funding, Africa50 has entered into key partnerships with Tanzanian institutions in the natural gas sector. Working with Tanzania Petroleum Development Corporation (TPDC) and TAQA Arabia, the organisation will develop the first phase of a small-scale liquefied natural gas (LNG) project designed to supply domestic gas to industrial and transportation customers. The partners are also working to create a financially viable model that could eventually be replicated in Tanzania and other African markets.
The project is expected to help Tanzania make better use of its natural gas resources while improving access to cleaner and more reliable energy. TPDC Managing Director Mussa Makame said the partnership reflects Tanzania’s commitment to using its gas resources to support national development, while TAQA Arabia subsidiary Rosetta Energy Solutions said the initiative could strengthen energy security and support industrialisation.
Africa50 is also expanding its role in Tanzania’s electricity sector through a memorandum of understanding with Tanzania Electricity Supply Company (TANESCO). The agreement will explore public-private partnerships for electricity transmission and is expected to support Tanzania’s first independent power transmission project. With Africa50 bringing experience from its independent transmission project in Kenya, the latest partnerships could mark another important step toward closing Africa’s infrastructure gap and attracting more private investment into the continent.
source: The guardian
