As DFI money dries up, AFC is doubling down on African VC with $100 million
TechCabal | 18.05.2026 23:13
For nearly two decades, Africa Finance Corporation (AFC) wrote cheques for bridges, ports, mines, and subsea cables. Now, the $19 billion Africa-focused development finance institution is doing something its own board initially resisted: betting $100 million on African venture capital.
