AFC Unveils $150m Green Fund to Power Nigeria's Climate-Resilient Infrastructure Drive

In a decisive stride toward closing Nigeria’s chronic infrastructure deficit through sustainable financing, AFC Capital Partners—the asset management arm of the Africa Finance Corporation—has rolled out a dedicated $150 million climate-resilient infrastructure fund.

The initiative is strategically calibrated to aggregate and direct domestic institutional liquidity, particularly from local pension fund administrators, sovereign wealth entities, and private asset managers, into high-impact green assets across the nation. According to official disclosures from the corporation, this primary allocation is expected to serve as a financial cornerstone to unlock an estimated $3.7 billion pipeline of climate-aligned infrastructure projects.

Industry analysts view the fund as a pivotal paradigm shift, moving the focus away from traditional sovereign debt borrowing toward commercially viable, climate-smart private equity models. By anchoring investments locally, the mechanism directly addresses the foreign exchange vulnerabilities that historically hamper foreign-denominated project execution in sub-Saharan Africa.