Infrastructure Investment Fund – Africa50 Appoints Kenyan as COO

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Caroline Wamuyu Wainaina has been appointed the Chief Operating Officer of Africa50, the pan-African infrastructure investment platform.

Africa50 mobilizes long-tem savings from within Africa and beyond and private sector funding to promote infrastructure development in the continent. It is owned by African governments, the African Development Bank (AfDB) and institutional investors.

Wainaina will lead Investor Relations, Strategy, Communications, HR and Administration and Environmental and Social Governance.

She has global experience in the private and public sectors at senior levels including strategy formulation, leading multi-disciplinary teams and driving organizational change.

“This will be critical as we continue to build Africa50 into a high performing investment platform with a diverse group of investors from African governments to the private sector,” Akinwumi Adesina, AfDB President said, welcoming Wainaina to Africa50.

The Kenyan citizen was the Assistant Secretary General for Human Resources of the United Nations prior to joining Africa50. Previously, she held senior positions at multinational corporations in Turkey, the United States, the United Kingdom, the Netherlands and Kenya.

Commenting on her new appointment, Wainaina said, “I am excited about the opportunity to join Africa50 and contribute to the sustainable economic and social development of Africa, for which improved infrastructure is so important.”

The CEO of Africa50 Alain Ebobissé said she will be a key executive team member whose global experience and leadership skills the organization will leverage to reach its goal to promote infrastructure development in Africa.


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