Development Bank of Southern Africa
Recent events
Recent events tied to this brand in public sources.
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2026
AFC Capital Partners launches US$750m Infrastructure Climate-Resilient Fund Nigeria
AFC Capital Partners (ACP), the asset management subsidiary of Africa Finance Corporation (AFC), launched the US$750 million Infrastructure Climate-Resilient Fund (ICRF) Nigeria, a closed-end fund registered with the Securities and Exchange Commission, aimed at mobilising domestic institutional capital for climate-resilient infrastructure projects across Nigeria and Africa. The fund has attracted commitments including a US$253 million first-loss commitment from the Green Climate Fund, and ACP expects it to mobilise up to US$3.7 billion in total financing across 10 to 12 infrastructure projects.
2020
South African Airways secures critical funding offers
South African Airways secured offers from a financial institution to provide additional critical funding while its business rescue plan is being finalised. The Development Bank of Southern Africa offered to provide the next funding tranche.