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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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    • 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
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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)

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    • 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)
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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.…