Koffi Klousseh, who previously served as Regional Lead for the World Bank’s Global Infrastructure Project Development Fund, has been appointed as Director of Project Development for Africa50, the pan-African Infrastructure Investment vehicle set up by the African Development Bank.
Whilst at IFC InfraVentures, as the World Bank’s Global Infrastructure Project Development Fund is also known, he was involved in the creation and execution of a pipeline of early stage transactions in both the conventional and renewable power sectors. Having joined the IFC in 2010, he previously held the position of Principal Investment Officer in the development finance institution’s Africa Infrastructure Department. Prior to that he held a variety of positions in the financial services industry, including time as a Vice President of Africa-focused private equity firm, Helios Investment Partners.
Welcoming Kousseh, Africa50’s Chief Executive Officer, Alain Ebobissé, saying “…his in-depth knowledge of developing infrastructure projects from their earliest stages will be a great asset as we speed up infrastructure delivery in Africa.”