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's President & CEO, Samaila Zubairu, engages with U.S. President Joe Biden, DRC President Félix Tshisekedi, Zambian President Hakainde Hichilema, and Angolan President João Lourenço in pivotal discussions on the transformative Zambia-Lobito Rail project
  • All (1)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC)-led Zambia Lobito Rail Project receives boost from Biden visit to Angola

The project is led by the Lobito Corridor consortium, with AFC as the as lead developer, working in partnership with the US Government

Lobito rail project will break ground by early 2026, AFC CEO Zubairu says at Presidential forum AFC commits up to US$500m in financing for Zambia-Lobito greenfield rail AFC announces MOU with Kobold Metals as anchor client, guaranteeing at least 300,000 tons of copper and related freight per year AFC pledges…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (1)
    • From left to right: Honourable Minister of Transport for Zambia, Mr. Frank Tayali MP, President & CEO of Africa Finance Corporation, Samaila Zubairu, and Honourable Minister of Transport for Angola, Mr. Ricardo Viegas d’Abreu, at the signing of the Zambia Lobito Rail Project concession agreements during the 79th UN General Assembly
  • All (1)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Signs Concession Agreements with Governments of Angola and Zambia to advance Zambia Lobito Rail Project

The railway is expected to create economic benefit of approximately $3 billion across both countries, reduce emissions by approximately 300,000 tons per year and add over 1,250 jobs across construction and operations

In a significant milestone for the Zambia Lobito Rail Project, Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the transformational railway project. The agreements, which were signed yesterday…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (1)
    • Angola’s Road Network Set for Transformation as Africa Finance Corporation leads commercial funding for €381 million project
  • All (1)
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)

  • Multimedia content

  • Images (1)
    • Africa Finance Corporation (AFC), has invested US$60 million in Etu Energias, the largest private Angolan oil company, as part of a drive to boost indigenous participation in the continent’s energy sector
  • All (1)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Invests $60 Million to Boost Angola’s Indigenous Oil & Gas Production

The investment is part of a $190 million debt facility to support Etu Energias in acquiring oil and gas reserves co-owned by France’s TotalEnergies and Japan’s Inpex Corporation

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider in Africa, has invested US$60 million in Etu Energias (formerly Somoil), the largest private Angolan oil company, as part of a drive to boost indigenous participation in the continent’s energy sector.   The investment is part of a $190 million…

Africa Finance Corporation (AFC)

  • Multimedia content

  • Images (3)
    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (1)
    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (2)
    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (3)
  • All (3)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation to lead United States (US)-backed development of the Lobito Corridor and Zambia-Lobito Rail Line

The expansion of the Lobito Corridor holds enormous promise for regional and international trade, fostering economic development and improved connectivity

 “This represents the most significant transport infrastructure that the US has helped develop on the African continent in a generation”- Helaina Matza, US State Department; AFC (www.AfricaFC.org) is appointed lead project developer, working with US, EU, Angola, DRC, Zambia, AfDB; Connected, open-access rail from the Atlantic to Indian Ocean envisaged under MOU.…