# Ayaan Adam

> Ayaan Adam is Senior Director and CEO of AFC Capital Partners, the asset management subsidiary of Africa Finance Corporation. Her career includes 17 years at IFC, leadership of CDC Group’s Africa funds, and direction of the Green Climate Fund’s Private Sector Facility. She now leads an infrastructure investment platform focused on embedding climate resilience into African assets and attracting institutional capital.

- **Role:** Senior Director and Chief Executive Officer of AFC Capital Partners at Africa Finance Corporation
- **Organizations:** AFC Capital Partners, Africa Finance Corporation, Green Climate Fund, CDC Group (now British International Investment), International Finance Corporation
- **Education:** BA in Mathematics, summa cum laude, Clark University, MBA, MIT Sloan School of Management
- **Known for:** Helped build GCF’s Private Sector Facility mandate and grow its portfolio to US$2.1 billion over three years., At CDC, directed a US$2.5 billion Africa private markets funds portfolio with more than 50 partnerships and 40 general partners, according to her Sustainable Finance Forum biography., Led the establishment and implementation of AFC’s asset management business.

## Career timeline

- **Before AFC appointment; dates not established** — Spent 17 years at IFC, including Chief Investment Officer and South Asia investment leadership responsibilities.
- **Before GCF appointment; dates not established** — Served as CDC Group’s Managing Director of Africa Funds.
- **2017** — Publicly documented as Director of the Green Climate Fund’s Private Sector Facility.
- **2019** — Joined GCF Executive Director Yannick Glemarec in investor roundtables at the Private Investment for Climate Conference.
- **2021-01** — Appointed Senior Director and CEO of AFC Capital Partners, according to AFC’s 2021 annual report.
- **2021-09** — AFC launched the Infrastructure Climate Resilient Fund initiative.
- **2023-06** — Spoke at Bloomberg New Economy Gateway Africa in Marrakech.
- **2024-01** — GCF lists ICRF as under implementation from 19 January 2024.
- **2026-08** — ACP launched ICRF Nigeria to mobilise Nigerian institutional capital.

## Achievements

- Helped build GCF’s Private Sector Facility mandate and grow its portfolio to US$2.1 billion over three years.
- At CDC, directed a US$2.5 billion Africa private markets funds portfolio with more than 50 partnerships and 40 general partners, according to her Sustainable Finance Forum biography.
- Led the establishment and implementation of AFC’s asset management business.
- Leads the manager of ICRF, an infrastructure fund with a US$750 million target and an ambition to mobilise up to US$3.7 billion in total financing.

## Latest updates

- **2026-08** — On 24 August, ACP announced ICRF Nigeria, a SEC-registered closed-end fund for Nigerian institutional investors.
- **2026-04** — AFC announced a DBSA commitment to ICRF at The Africa We Build Summit in Nairobi.
- **2025-03** — Appeared in the 31 March ARISE Voices episode “Shifting the paradigm: Investing in Africa’s value creation.”

## Links

- Website: https://www.afccapital.org/
- LinkedIn: https://www.linkedin.com/in/ayaanzadam

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Profile page: https://yespress.io/ayaan-adam
Published by YesPress — https://yespress.io
Last updated: 2026-10-09