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Africa Finance Corporation (AFC)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Appoints Banji Fehintola as Executive Director, Financial Services

With over two decades of extensive experience in global markets, financial services and infrastructure finance across Africa, Banji brings a wealth of expertise to his new role at AFC

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider in Africa, has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1. Banji brings extensive financial expertise and leadership experience to drive AFC's strategic initiatives to further strengthen its financial position and enhance the Corporation's…

Africa Finance Corporation (AFC)

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    • AFC partners with UNIDO and key global organizations to enhance sustainable industrialization and support Africa’s cotton sector through the 'Partenariat pour le coton' initiative (1)
    • AFC partners with UNIDO and key global organizations to enhance sustainable industrialization and support Africa’s cotton sector through the 'Partenariat pour le coton' initiative (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Signs Joint Declaration with United Nations Industrial Development Organization (UNIDO) and Backs Cotton Partnership at World Trade Organization's (WTO) Aid-for-Trade Global Review

The partnership will focus on constructing regional hubs for sustainable textiles to boost trade competitiveness and spur economic development within Africa’s cotton sectors

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has signed a joint declaration with the United Nations Industrial Development Organization (UNIDO) to enhance sustainable industrialisation and committed to support the 'Partenariat pour le coton' initiative, which seeks to enhance Africa’s role within the global textile and apparel…

Africa Finance Corporation (AFC)

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    • AFC announces the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) invests in Africa's largest copper complex, driving mineral beneficiation on the continent

Kamoa-Kakula is a world-class, high-grade, low carbon-intensive, underground copper deposit situated on the western edge of the prolific Central African Copperbelt

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo. The loan by AFC, who acted both as lender…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation received top accolades at the EMEA Finance Achievement Awards in London (1)
    • Africa Finance Corporation received top accolades at the EMEA Finance Achievement Awards in London (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Receives Top Accolades at Europe, Middle East, and Africa (EMEA) Finance Achievement Awards

The award affirms AFC’s leadership in structuring and executing complex financial transactions that foster sustainable development across regions

Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, received top accolades at the EMEA Finance Achievement Awards in London yesterday. AFC won “Most Innovative Bond” and the “Best Supranational Syndicated Loan,” a testament to the Corporation’s strong credit profile and solid track record in capital markets.   "The…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation and Alstom Partnership Boosts Kinshasa Rail Project
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation and Alstom Partnership Boosts Kinshasa Rail Project

The project will unfold in four phases, starting with the overhaul of a 25km stretch from Kinshasa's central station to N’Djili International Airport, completely upgrading the existing railway

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading infrastructure solutions provider, together with Alstom, a pioneer in sustainable mobility, has signed a Memorandum of Understanding (MoU) to propel the development of the MetroKin rail project Kinshasa, Democratic Republic of Congo. This significant partnership was announced alongside the recent state visit…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda (1)
    • Africa Finance Corporation (AFC) has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) bestowed Panafrican Champion at the 2024 CEO Forum Awards

AFC's receipt of the Panafrican Champion Award underscores its commitment to pioneering projects that address the continent's critical infrastructure needs

Africa Finance Corporation (AFC) (www.AfricAFC.org), the continent’s leading infrastructure solutions provider, has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda. This accolade recognises AFC's outstanding contribution to the instrumental development and integration of infrastructure and industrial value chains across the African…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation's State of Africa's Infrastructure Report 2024
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Source: Africa Finance Corporation (AFC) |

Energy-to-Transport Disparity Heralds Unprecedented Chance to Unlock Growth: Africa Finance Corporation (AFC) State of Africa’s Infrastructure Report

Study calls for urgent reassessment of outmoded pit-to-port models and uses new metrics to respond to full scale of continent’s infrastructure opportunity

Africa has an unprecedented opportunity to accelerate development by aligning its abundant renewable energy resources with solutions for its infrastructure deficiencies. This is a key conclusion from a new annual study on the State of Africa’s Infrastructure initiated by the Africa Finance Corporation (www.AfricaFC.org). The report highlights critical gaps in…

Africa Finance Corporation (AFC)

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    • Angola’s Road Network Set for Transformation as Africa Finance Corporation leads commercial funding for €381 million project
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Source: Africa Finance Corporation (AFC) |

Angola’s Road Network Set for Transformation as Africa Finance Corporation leads commercial funding for €381 million project

The project specifically targets improved accessibility in remote areas and supports industrial and commercial activity, advancing prosperity by reducing transport costs and travel times, and easing poverty through job creation

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is leading commercial funding for a €381.5 million package to finance engineering, procurement and construction of 186 bridges and crucially needed enhancements to Angola’s road network. AFC, acting as mandated lead arranger for the commercial tranche, has committed to…

Africa Finance Corporation (AFC)

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    • AFC and Cassa Depositi e Prestiti S.p.A (CDP) announce Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration (1)
    • AFC and Cassa Depositi e Prestiti S.p.A (CDP) announce Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) and Cassa Depositi e Prestiti S.p.A (CDP) Agree New Alliance to Strengthen African-Italian Investment Collaboration

The strategic alliance endeavours to bolster African infrastructure, harness natural resources, and propel industrial development through shared expertise and enhanced financial cooperation

Africa Finance Corporation (AFC) (www.AfricAFC.org), Africa’s leading infrastructure solutions provider, in partnership with Italy’s national development finance institution Cassa Depositi e Prestiti S.p.A (CDP) yesterday announced a landmark Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration, contributing to sustainable growth and prosperity on a global scale.…

Africa Finance Corporation (AFC)

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    • Red Sea Power, Djibouti. Photo credit: Thought Leader Global
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation’s year of impact sees major expansion of projects and investment

Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to implement critical infrastructure projects across multiple sectors

Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience. Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and…