We use cookies to improve your experience. By your continued use of this site you accept such use.
Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (1)
    • AFC closes a landmark US$524 million-equivalent dual-currency Samurai term loan — its largest to date — underscoring rising Japanese investor confidence in Africa’s growth story
  • All (1)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Raises Record US$524m in Dual-Currency Samurai Loan Facility

The transaction marks AFC’s largest Samurai loan to date and reinforces the Corporation’s growing footprint in Japan’s capital markets

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility. The transaction marks AFC’s largest Samurai loan to date and reinforces the Corporation’s growing footprint in Japan’s capital markets amid rising investor confidence in its credit fundamentals.…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (2)
    • FG Gold has reached financial close and first drawdown on its US$330 million financing with AFC and Afreximbank for the Baomahun Gold Project, marking Sierra Leone’s flagship commercial gold mine (1)
    • FG Gold has reached financial close and first drawdown on its US$330 million financing with AFC and Afreximbank for the Baomahun Gold Project, marking Sierra Leone’s flagship commercial gold mine (2)
  • All (2)
Source: Africa Finance Corporation (AFC) |

FG Gold, Africa Finance Corporation (AFC) and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

During operations, the mine is expected to support up to 900 direct and indirect jobs, contribute approximately 10% of national GDP, and stimulate substantial local supply chain growth

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) (www.AfricaFC.org) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (4)
    • H.E. Abdullah Almusaibeeh, President of BADEA, and Mr. Samaila Zubairu, President & Chief Executive Officer of AFC, signed the US$75 million term loan facility agreement during AFC Day at the B20 Summit in Johannesburg (1)
    • H.E. Abdullah Almusaibeeh, President of BADEA, and Mr. Samaila Zubairu, President & Chief Executive Officer of AFC, signed the US$75 million term loan facility agreement during AFC Day at the B20 Summit in Johannesburg (2)
    • H.E. Abdullah Almusaibeeh, President of BADEA, and Mr. Samaila Zubairu, President & Chief Executive Officer of AFC, signed the US$75 million term loan facility agreement during AFC Day at the B20 Summit in Johannesburg (3)
    • H.E. Abdullah Almusaibeeh, President of BADEA, and Mr. Samaila Zubairu, President & Chief Executive Officer of AFC, signed the US$75 million term loan facility agreement during AFC Day at the B20 Summit in Johannesburg (4)
  • All (4)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Secures US$75 Million Credit Line from the Arab Bank for Economic Development in Africa (BADEA) to Accelerate Infrastructure Development

This new facility reinforces BADEA’s role as a strategic partner and strengthens AFC’s capacity to deliver transformational infrastructure across the continent

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has secured a US$75 million term loan facility from the Arab Bank for Economic Development in Africa (BADEA). This landmark transaction deepens AFC’s strategic partnership with BADEA. The agreement was signed by H.E. Abdullah Almusaibeeh, President of BADEA, and…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (1)
    • AFC marks milestone momentum as investee company Infinity Power achieves financial close on Egypt’s 200MW Ras Ghareb Wind Farm, reinforcing growing global investment in African-led infrastructure
  • All (1)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC)-Backed Infinity Power Achieves Financial Close on 200MW Ras Ghareb Wind Farm Project in Egypt

Once operational in 2027, Ras Ghareb will generate approximately 810,000 MWh of clean electricity per year—enough to power over 300,000 homes and avoid around 390,000 tonnes of CO₂ annually

Africa’s largest renewable energy company, AFC-backed Infinity on track to reach 10GW target Follows US$700m raise by AFC investee company Arise IIP and record $1.5bn AFC syndicated loan as global capital flows to African-led infrastructure Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that its…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (1)
    • AFC partners with Lagos Fashion Week 2025 to champion sustainable fashion, local manufacturing, and youth empowerment across Africa
  • All (1)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Partners Lagos Fashion Week 2025 to Drive Africa’s Creative and Manufacturing Transformation

The 2025 edition will spotlight circular fashion, responsible sourcing, and regional value chains, areas where AFC’s infrastructure investments are helping bridge Africa’s creative and industrial potential

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has announced its partnership with Lagos Fashion Week 2025, underscoring its commitment to empowering Africa’s youth and creative industries, as engines for inclusive economic growth. Africa’s apparel and textile exports is projected to reach$15b by 2030. As a key…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (3)
    • AFC secures its first-ever Canadian market transaction, a landmark USD 100 million, 10-year facility from FinDev Canada to advance sustainable infrastructure across Africa (1)
    • AFC secures its first-ever Canadian market transaction, a landmark USD 100 million, 10-year facility from FinDev Canada to advance sustainable infrastructure across Africa (2)
    • AFC secures its first-ever Canadian market transaction, a landmark USD 100 million, 10-year facility from FinDev Canada to advance sustainable infrastructure across Africa (3)
  • All (3)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Secures USD 100 Million Facility from FinDev Canada, marking its Inaugural Transaction in the Canadian Market

The facility will strengthen AFC’s funding base and support a growing pipeline of renewable energy and low-carbon transport projects across Sub-Saharan Africa, further expanding the Corporation’s commitment to climate-resilient infrastructure development

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider in Africa, has secured a USD 100 million, 10-year term loan facility from FinDev Canada, Canada’s bilateral Development Finance Institution. This landmark transaction represents AFC's debut in the Canadian market and its first partnership with FinDev Canada, while also marking…

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

Africa Finance Corporation (AFC) Expands its Membership Footprint with Central African Republic Joining as 46th Member State

Membership of AFC provides CAR with a platform to translate its vast resource wealth into inclusive growth through investment in critical sectors including power, transport and natural resources

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that the Central African Republic (CAR) has become its 46th member state, further expanding its pan-African footprint. This milestone is set to accelerate the CAR’s national development agenda by unlocking access to AFC’s deep sectoral expertise, innovative…

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

Moody’s Affirms Africa Finance Corporation's (AFC) A3 Rating, An Achievement Sustained for Over a Decade, with Outlook Stable

The decision by Moody’s is pivotal in enabling AFC to sustain one of the lowest borrowing costs among institutions in Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has once again had its long-term issuer credit rating of A3 affirmed by Moody’s Ratings, a rating first assigned in 2014 and consistently maintained for over a decade.  Moody’s affirmed this rating with a stable outlook and affirmed AFC’s…

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

Africa Finance Corporation Closes Record US$1.5 Billion Syndicated Loan, Its Largest-Ever Facility

This facility enhances AFC’s financial capacity and further broadens its network of strategic partners, reinforcing the Corporation’s mission to catalyse infrastructure-driven economic growth and industrial development across Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark US$1.5 billion syndicated loan. This transaction, a milestone in the Corporation’s history, attracted a diverse consortium of new and returning lenders spanning the Middle East, Africa, Asia and Europe.…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (2)
    • Africa Finance Corporation and Africa Social Security Association launch the ‘Africa Saving for Growth’ programme under GABI to mobilise $1.17trn in African institutional savings into long-term infrastructure (1)
    • Africa Finance Corporation and Africa Social Security Association launch the ‘Africa Saving for Growth’ programme under GABI to mobilise $1.17trn in African institutional savings into long-term infrastructure (2)
  • All (2)
Source: Africa Finance Corporation (AFC) |

African Social Security Association Partners Africa Finance Corporation (AFC) to Unlock $1.17tn in National Savings for Infrastructure

The ‘Africa Saving for Growth’ programme was introduced today under the auspices of the Global Africa Business Initiative (GABI), part of the UN Global Compact

Launched under the Global Africa Business Initiative (GABI) during the UN General Assembly, the ‘Africa Saving for Growth’ programme brings together social security institutions from 15 countries, Morocco’s CDG Group, and the Africa Finance Corporation (AFC) (www.AfricaFC.org) to build a policy reform roadmap, expand Africa’s capital-pools dataset, and increase allocation…