AFC CEO Samaila Zubairu secures $250m from UN Green Fund for Infrastructure Climate Resilient Fund

AFC CEO Samaila Zubairu secures $250m from UN Green Fund for Infrastructure Climate Resilient Fund

The Green Climate Fund (GCF) will finance the infrastructure fund of a new management structure created by AFC and led by Ayaan Zeinab Adam. The fund aims to be the continent’s largest green investment vehicle.

Someone shares this article with you
            ▪ AFC CEO Samaila Zubairu secures $250m from UN Green Fund for Infrastructure Climate Resilient Fund

▪ The Green Climate Fund (GCF) will finance the infrastructure fund of a new management structure created by AFC and led by Ayaan Zeinab Adam. The fund aims to be the continent’s largest green investment vehicle.

https://www.africabusinessplus.com/en/815212/afc-ceo-samaila-zubairu-secures-250m-from-un-green-fund-for-infrastructure-climate-resilient-fund/

The Green Climate Fund (GCF), United Nation’s main multilateral climate fund, is to take a significant stake in a new vehicle of Lagos-based pan-African investor AFC, led by Samaila Zubairu. This is the UN fund’s largest capital commitment on the African continent. The Infrastructure Climate Resilient Fund (ICRF) is based in Incheon, near Seoul, and is led by Frenchman Yannick Glemarec, executive director.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Advisory

05/01/2024 at 12h29, by Africa Business+, updated 08/01/2024

From London to Moscow: Linklaters advises Türk Eximbank in bid for AFC stake

The Turkish export credit agency will become the first non-African state shareholder in the pan-African...

Development Bank

25/10/2023 at 16h47, by Africa Business+

Green Climate Fund: Benin signs up for $9.8m

Details from Africa Business+.

Private Equity

16/03/2023 at 20h14, by Africa Business+

BluePeak Private Capital on the verge of closing inaugural fund

Initiated by two former Gulf Capital investors, the asset management firm has just closed its fourth...

Private Equity

14/03/2023 at 21h46, by Africa Business+

Mirova Gigaton Fund raises $171m at initial closing

Launched by Mirova, the affiliate of Natixis Investment Managers, with support from SunFunder East Africa,...

Private Equity

08/03/2023 at 18h26, by Africa Business+

Uganda: Kim Kamarebe and I&P successfully launch Inua Capital fund

With this Ugandan vehicle closed at $8 million, impact investor I&P confirms its role as a sponsor in...

Private Equity

02/03/2023 at 18h45, by Africa Business+

Vincent le Guennou attracts another institutional investor for Africa50’s infrastructure fund

The Emerging Capital Partners (ECP) alumnus is on the verge of achieving a double whammy with its €500...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.