Jamie Foxx is a noted actor, singer, comedian, and businessman. He’s collected Oscars, Grammys, and Golden Globe’s for his work over the past 24 years.
Throughout, he’s gotten involved with causes he finds compelling. Today, Foxx joined noted fashion designer and stylist Ozwald Boateng at the Nasdaq market site to celebrate Africa50, a $500 million project funded by the African Development Bank to promote investment in the continent’s infrastructure and economy.
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Africa has some of the fastest growing economies in the world; the real GDP growth rate for Libya was 104.5% in 2012. Despite this, 48% of African citizens are in poverty. Through their support of the fund, Foxx and Boateng hope to build infrastructure and jobs, encourage tourism, and lift the people of Africa towards prosperity.
The fund hopes to raise over $10 billion.
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