Rwanda joins Africa50, while Kenya doubles contribution
Rwanda has officially joined pan-African infrastructure platform Africa50. Africa50's investor base is currently composed of 28 African countries, the African Development Bank, the Central Bank of West African States, and Bank Al-Maghrib.
Meanwhile, Kenya will double its contribution to Africa50 to Sh10.07 billion ($100 million) by the end of the year, increasing the investor's total capital to about Sh88.7 billion ($880 million).