African Green Infrastructure Investment Bank (AfGIIB)

The African Green Infrastructure Investment Bank (AfGIIB) is a multilateral financial institution convened by the African Union and the Africa Investors Forum (Ai). Its primary mission is to catalyze private investment into African green infrastructure projects to help the continent achieve its Net-Zero and climate-resilient development goals. AfGIIB acts as a specialized green bank, focusing on de-risking investments and mobilizing institutional capital from both domestic and international sources to close Africa's significant green infrastructure investment gap, with a target of raising USD 100 billion by 2030.