LAGOS — AFC Capital Partners, an affiliate of Africa Finance Corporation, has launched a $750 million Infrastructure Climate-Resilient Fund for Nigeria aimed at pension funds and insurers. The Green Climate Fund put in $253 million of first-loss capital, and the fund is also backed by the European Investment Bank, the Nigeria Sovereign Investment Authority and others. It targets up to $3.7 billion in total financing across 10 to 12 projects.
AFC Launches $750m Climate-Resilient Infrastructure Fund for Nigeria
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