Tanzania, April 24 -- Nairobi. The Africa Finance Corporation (AFC) has secured a fresh commitment from the Development Bank of Southern Africa (DBSA) for its $750 million Infrastructure Climate Resilient Fund (ICRF), in a move aimed at accelerating climate adaptation financing across the continent.

The agreement was signed on the sidelines of The Africa We Build Summit in Nairobi, signalling growing alignment among African institutions on the need to embed climate resilience in infrastructure development.

Managed by AFC Capital Partners, the fund is designed to integrate climate resilience measures across the full lifecycle of infrastructure projects-from planning and design to construction and operation.

The initiative seeks to ensur...