IFAD and Equity Group Put $200M Behind a Bet That Climate Lending Can Be a Normal Business Line

Signed in Kigali on 4 September, on the sidelines of the Africa Food Systems Forum 2026, the Africa Rural Climate Adaptation Finance Mechanism is a twelve-year, $200 million structure aimed at the stubborn gap between climate finance pledges and money that actually reaches a farmer. ARCAFIM splits into $180 million of lending capital and roughly $20 million of technical assistance. Because that lending capital revolves over about four investment cycles, IFAD expects it to generate around $266 mi