Proparco invests $15 million in African Transition Acceleration Fund (ATAF) to finance climate infrastructure in Africa

Proparco committed $15 million as a Limited Partner to the African Transition Acceleration Fund (ATAF). ATAF will deploy this capital into renewable energy and climate-resilient infrastructure projects across Africa. This investment underscores growing institutional confidence in Africa's green infrastructure pipeline and its critical role in global decarbonization efforts.

Counterparts (6)

Investor

PROPARCO

company

PROPARCO is a Development Finance Institution (DFI) that invests in private sector projects in developing countries and emerging economies. It focuses on projects that contribute to sustainable development goals, including infrastructure, renewable energy, and social infrastructure.

A

Allied Climate Partners (ACP)

company

F

FSD Africa Investments (FSDAi)

company

International Finance Corporation (IFC)

company · 1 deals

The International Finance Corporation (IFC) is the largest global development institution focused on the private sector in developing countries. It encourages growth, advances economic development, creates jobs, and improves the lives of people by investing in impactful projects, mobilizing other investors, and sharing expertise.

borrower

A

African Transition Acceleration Fund (ATAF)

company

Partner

African Infrastructure Investment Managers (AIIM)

company

African Infrastructure Investment Managers (AIIM) is an infrastructure-focused private equity fund manager investing in core infrastructure assets across the African continent. They focus on sectors like energy, transport, and digital infrastructure.