Browsing: AFC Capital Partners’ Infrastructure Climate Resilient Fund (ICRF)

• AFC’s landmark wind farm in Djibouti set the country on a path to becoming the first African country fully powered by renewable energy.
• Last year, the corporation committed to overhauling Kinshasa’s mass transit system to enhance mobility.
• 2023 saw the AFC welcome three new members—Ethiopia, Burundi, and Sao Tome and Principe.

As the world looks into Africa to launch the next development phase, the Africa Finance Corporation (AFC) is increasingly emerging as a participant and a pacesetter in African infrastructure investments.

Last year marked a watershed moment for the organization, as AFC’s impact was evident in an ambitious slate of projects that span the spectrum of Africa’s developmental needs, from renewable energy sources and transport corridors to mining and climate resilience initiatives.

AFC’s impact on key economic corridors

Last year was a standout moment for AFC, with the corporation not merely navigating but thriving amidst growing global tensions, inflationary pressures, …