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Act No. 220/An/17/8Th On Accession And Ratification Of The Statutes Of The \"Africa 50\" Fund.

Original Language Title: Loi N° 220/AN/17/8ème L portant adhésion et ratification de statuts du Fonds "Africa 50".

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Act No. 220/AN/17/8th L enshrining and ratifying the statutes of the "Africa 50" Fund.

NATIONAL ASSEMBLEE A ADOPTETHE PRESIDENT OF THE PROMULGUE REPUBLICI'll tell you what.




VU The Constitution of 15 September 1992;
VU Constitutional Law No.92/AN/10/6th L of 21 April 2010 revising the Constitution;
VU Decree No.2016-109/PRE of 11 May 2016 appointing the Prime Minister;
VU Decree No.2016-110/PRE of 12 May 2016 appointing members of the Government;
VU Decree No.2016-148/PRE of 16 June 2016 establishing the powers of the Ministries;
VU Circular n°170/PAN dated 07/06/18 convening the 5th Public Meeting of the 1st Ordinary Session of 2018;

The Council of Ministers heard at its meeting on 04 September 2017.


Article 1: The Republic of Djibouti adheres to the Africa Fund 50 consisting of the two companies:
- 1 Africa 50 - Financing of Authorized Capital Projects of US$3,000 000 000.
- 2 Africa 50 - Development of Capital Projects of $500,000.

Article 2: The Republic of Djibouti adopts and ratifys the statutes of the two institutions:
- 1 Africa 50 - Project financing.
- 2 Africa 50 - Development of Projects.

Article 3: This Act will be published in the Official Journal of the Republic of Djibouti upon promulgation.
Done in Djibouti on 25/06/2018


President of the Republic,
Head of Government
ISMAÏL OMAR GUELLEH