Home African Forestry Impact Platform (AFIP) African Forestry Impact Platform (AFIP) In brief African Forestry Impact Platform (AFIP) is an evergreen platform managed by the New Forests Asia (Singapore) Ltd. with the intention to establish a large, long-term, value-creation-focused investment vehicle that enables the next phase of growth in Sub-Saharan African forestry. Main development impact AFIP will invest in sustainable forestry assets, which are mitigating climate change due to carbon sequestration into forests, as well as adaptation benefits through watershed and fire management and improved resilience in neighbouring communities. Sustainable forestry companies create and sustain significant employment opportunities in rural regions and contribute to local supply chains/economies through e.g., the purchase of raw materials and services. Investment details Name: African Forestry Impact Platform (AFIP) Project number: 80000327 Region: Africa Country: Africa Sector: Forestry Signing date (month/year): November 2023 Currency: USD Finnfund's financing (commitment): 40,200,000 Share of Finnfund's financing (%): 19,20 % Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.November Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: African Forestry Impact Platform (AFIP) Sector: Forestry Region: Africa Country: Africa Currency: USD Finnfund's financing (commitment): 40,200,000 Signing date (month/year): November 2023 Last update: September 2024