Alain Ebobissé, the Global Head of IFC InfraVentures, the World Bank’s Global Infrastructure Development Fund, has been appointed Chief Executive Officer of Africa50, the Pan-African infrastructure investment platform backed by the African Development Bank and twenty-two African countries with $830 million.
Ebobissé has been at the IFC since 1999, where he led the design, structuring and implementation of IFC InfraVentures since its launch. He leads a team of highly skilled and experienced infrastructure specialists in the development of and investment in several infrastructure projects across Asia, Africa, Europe and Latin America. He also serves as Chief Investment Officer in the Global Infrastructure and natural Resources Department of the IFC, based in Washington, DC.
In the statement announcing the appointment, Akinwumi Adesina, President of the African Development Bank and Chairman of the Board of Directors of Africa50 said “Mr. Ebobissé is well recognized global leader in the area of infrastructure finance and development. He has an impressive track record of global leadership in successful development of private, and public-private infrastructure development, structuring, financing and equity investment in emerging markets.”