ABOUT US
The African Prosperity Fund (APF) is a bold initiative dedicated to bridging Africa’s infrastructure funding gap by catalysing investment in transformative projects.
We drive medium and large-scale, high-impact initiatives that accelerate industrialisation, enhance regional connectivity, and unlock economic opportunities across the continent.
At the core of our mission is a commitment to inclusive industrialisation, prioritising projects focused on African women and youth inclusion.
The APF mobilizes strategic partnerships for investment and funding, to build a foundation for a more prosperous, self-reliant Africa.
The African Prosperity Fund was officially launched at the Global Citizen Festival,
By Ghana President,
H.E. NANA AKUFO-ADDO
Accra, Ghana | 24 Sept 2022
the past inspiring a purpose for a prosperous future
The APF was launched at Black Star Square, just a few meters away from one of the many slave castles in Ghana that hold Africa’s painful history of slavery and oppression. It was symbolically important to begin the APF’s journey here, to commit ourselves to turning that pain into a purpose dedicated to realising prosperity for Africa’s people.
The Shareholder/s, with the Board of Directors, through the Committees determine the projects & ensure it’s implementation through funding & project management.
The APF Board consists of 8 Directors, who are required to have relevant knowledge, skills, experience, and independence of mind to fulfill their responsibilities, have a record of integrity and good repute, and have sufficient time to fully carry out their responsibilities.
Per the Articles of Association, 50% of Board Directors must be independent directors.
Independent directors must have advanced expertise in development finance, infrastructure investment, and/or environmental, social, and governance matters.
All projects are presented to the Board through stakeholder engagement with the relevant African governments, and/or investors and funders in the global investment community.
The Board Committees act as an advisor to the Board – there are currently 4 Committees:
- Audit Committee
- Funding, Finance, Budget & Risk Management Committee
- Strategy, ESG, & Ethics Committee
- Projects, Development & Stakeholder Engagement Committee
The Board may from time to time, establish or maintain additional committees as deemed appropriate.
The APF seeks to ensure the independence, impact & sustainability of its funding through strong governance, ethical management, & legal structures.
Contact Us
Email: giving@prosperityforafrica.com