IFC Invests $5M in Equator Africa Fund for Climate Tech

IFC Invests $5 Million in Equator Africa Fund I to Support Climate Tech Innovation in Sub-Saharan Africa

IFC and Bank of the Lao PDR strengthen collaboration for green finance advancement- IFC million africa climate fund

IFC Logo, Source: RealtyPlus

The International Finance Corporation (IFC) announced an investment in Equator Africa Fund I, marking IFC’s first investment in a venture capital fund focused on climate tech innovation in sub-Saharan Africa.

Following its initial close of $40 million in April 2023, the $5 million investment brings the total size of the fund to $54 million,

IFC Invests $5 Million in Equator Africa Fund I to Support Climate Tech Innovation in Sub-Saharan Africa

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