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Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) has closed and disbursed €75 million of an €85 million sovereign facility to Government of Angola, through the Ministry of Finance, to support the construction of 186 priority bridges and critical upgrades to the national road network
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Source: Africa Finance Corporation (AFC) |

Angola Advances National Road Plan with €85M Support from Africa Finance Corporation (AFC)

€75M disbursed by AFC as part of broader €381.5M package to strengthen Angola’s road and bridge infrastructure, boost market access, and create jobs

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has closed and disbursed €75 million of an €85 million sovereign facility to Government of Angola, through the Ministry of Finance, to support the construction of 186 priority bridges and critical upgrades to the national road network. The project,…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC), has secured an inaugural Sustainability-Linked Term Loan Facility, marking a significant milestone in the Corporation’s innovative funding strategy and deepening its financial ties with the UAE
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Secures Inaugural AED 937.5 Million Sustainability-Linked Loan Backed by United Arab Emirates (UAE) Banks

The AED 937.50 million (US$255 million) facility reflects AFC’s commitment to use financial innovation tools to optimise funding for transformative infrastructure

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has secured an inaugural Sustainability-Linked Term Loan Facility, marking a significant milestone in the Corporation’s innovative funding strategy and deepening its financial ties with the UAE. The AED 937.50 million (US$255 million) facility reflects AFC’s commitment to use financial…

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

Africa Finance Corporation (AFC) Assigned A+ Rating with Stable Outlook by Japan Credit Rating Agency, Strengthening Access to Asian Capital Markets

The Japan Credit Rating Agency’s A+ rating reflects AFC’s continued demonstration of solid capital adequacy

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has been assigned a long-term Issuer credit rating of A+ with a stable outlook by Japan Credit Rating Agency, Ltd (JCR). This rating will enable AFC to continue growing its footprint in Asian capital markets. “The credit rating reflects…

Africa Finance Corporation (AFC)

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    • Angola Becomes Shareholder in Africa Finance Corporation (AFC), Reinforcing Commitment to Africa-Led Development
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Source: Africa Finance Corporation (AFC) |

Angola Becomes Shareholder in Africa Finance Corporation (AFC), Reinforcing Commitment to Africa-Led Development

With this milestone investment, Angola becomes the second Lusophone African nation, after Cape Verde, to join the growing list of equity investors in AFC

Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa's leading infrastructure solutions provider, today announced that the Republic of Angola has become its latest sovereign shareholder. This strategic equity investment further strengthens Angola’s partnership with AFC and underscores the country’s confidence in AFC’s mandate to accelerate sustainable development and regional integration through transformational…

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

Cassa Depositi e Prestiti and SACE provide EUR250 Million to Africa Finance Corporation

The facility is structured to cultivate Italian supply chain opportunities in infrastructure and renewable energy generation, including the supply of components for the Lobito Railway Corridor

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has secured a landmark EUR 250 million 10-year term loan facility from Cassa Depositi e Prestiti (CDP) the Italian Financial Institution for Development Cooperation. The transaction is backed by a guarantee from SACE, the Italian insurance and financial group…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC), UNIDO, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Union of Arab Banks (UAB), formalized new strategic partnerships under the Islamic and Arab Finance for Economic Transformation in Africa, the Arab Region and Beyond (IFETAA) Programme (1)
    • Africa Finance Corporation (AFC), UNIDO, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Union of Arab Banks (UAB), formalized new strategic partnerships under the Islamic and Arab Finance for Economic Transformation in Africa, the Arab Region and Beyond (IFETAA) Programme (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC), United Nations Industrial Development Organization (UNIDO) and partners enter new alliance leveraging Islamic and Arab finance for economic transformation

By integrating Islamic finance with proven entrepreneurship and business counseling interventions, IFETAA will empower MSMEs to become bankable, resilient, and key drivers of inclusive economic growth

Today, Africa Finance Corporation (AFC) (www.AfricaFC.org), UNIDO, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Union of Arab Banks (UAB), formalized new strategic partnerships under the Islamic and Arab Finance for Economic Transformation in Africa, the Arab Region and Beyond (IFETAA) Programme. Access to finance remains…

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

Africa Finance Corporation (AFC) Champions Shift of $4 Trillion in Domestic Savings into Africa’s Infrastructure Transformation

AFC calls for coordinated investment in energy, transport, and logistics to unlock competitiveness in these sectors and anchor regional production hubs

Clarion call for scaling electricity generation and transmission to drive structural economic transformation   Installed power capacity per capita stagnated in Africa vs. doubling in India since 2008  Africa’s railway expansion is gaining speed with 7,000 km of new track investments poised to double growth in the next decade  Africa’s rising…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) provides a €100 million, five-year facility to Mota-Engil Africa, funding equipment and site infrastructure for three new gold-mining contracts in Côte d’Ivoire and Mali
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Backs Mota-Engil Africa with EUR 100M Facility to Boost Gold Mining in West Africa

The new mining contracts represent a significant boost for the mining industries in both Côte d’Ivoire and Mali, countries with substantial untapped mineral potential

Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that it has provided a EUR 100 million, 5year term facility to Mota-Engil Africa (MEA), the regional arm of the global construction giant, Mota -Engil Group. The funding will support the acquisition of equipment, inventories, and site infrastructure…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation names Mrs. Ireti Samuel-Ogbu as Chair of its Board of Directors
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Appoints Ireti Samuel-Ogbu as Chair of Board of Directors

Mrs. Samuel-Ogbu brings a wealth of experience spread over three decades leading and transforming the banking sector in Europe, Middle East, and Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading instrumental infrastructure solutions provider, today announced the appointment of Mrs Ireti Samuel-Ogbu as Chair of its Board of Directors. She succeeds Mr. Emeka Emuwa who has completed 12 years of meritorious service to the Corporation. Mrs. Samuel-Ogbu brings a wealth of experience…

Africa Finance Corporation (AFC)

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    • AFC announced its strongest financial performance to date, with total revenue for the year ended 31 December 2024 surpassing US$ 1 billion for the first time in the Corporation’s history
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Tops US$1 Billion Revenue for First Time as Landmark Projects Unlock Growth Across the Continent

AFC’s earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year ended 31 December 2024 surpassing US$ 1 billion for the first time in the Corporation’s history. This record performance marks a significant milestone in AFC’s…