April 17

Impact Manager Acre Raises $100 Million for African Climate Infrastructure

By Virginia Furness

Two former BNP Paribas bankers have raised almost $100 million for a new fund which aims to unlock billions of dollars of funding for climate-aligned infrastructure projects in Africa.
Acre Impact Capital, a private-debt impact investment manager, is looking to address the estimated $100 billion annual infrastructure financing gap on the continent by providing a portion of the unsecured funding for export finance projects.
Photo courtesy of Science in HD.

Source: Reuters (link opens in a new window)

Environment, Investing
climate change, climate finance, infrastructure, sustainable finance