An ind-variety is an inductive limit of closed embeddings of algebraic varieties and an ind-group is a group object in the category of ind-varieties. These notions were first introduced by Shafarevich in the study of the automorphism group of affine spaces and have been studied by many authors afterwards. An ind-torus is an ind-group obtained as an inductive limit of closed embeddings of algebraic tori that are also algebraic group homomorphisms. In this paper, we introduce the natural definition of toric ind-varieties as indvarieties having an ind-torus as an open set and such that the action of the ind-torus on itself by translations extends to a regular action on the whole ind-variety. We are brought to introduce and study pro-affine semigroup that turn out to be unital semigroups isomorphic to closed subsemigroups of the group of arbitrary integer sequences with the product topology such that their projection to the first i-th coordinates is finitely generated for all positive integers i. Our main result is a duality between the categories of affine toric ind-varieties and the category of pro-affine semigroups. (C) 2020 Elsevier Inc. All rights reserved.