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…

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    • 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)
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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…

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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…

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…

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…

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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…

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    • AFC partners with +234Art Fair to champion Africa’s young artistic talent for the second year running
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Joins Ecobank and Soto Gallery for 2nd edition of the +234Art Fair to elevate African art and empower artists

Visitors will experience a wide range of artistic expressions, including painting, sculpture, visual and digital art, installations, and more

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider in Africa, has announced its support for the +234Art Fair, coming on as partners for the second year in a row. This aligns with the Corporation’s commitment to empowering and elevating the continent's youth, with more than 260 young artists…

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    • The European Investment Bank (EIB) invests $52.48M in Africa Finance Corporation’s $750M Infrastructure Climate Resilient Fund (ICRF), managed by its asset management arm, AFC Capital Partners, to drive sustainable infrastructure in Africa (1)
    • The European Investment Bank (EIB) invests $52.48M in Africa Finance Corporation’s $750M Infrastructure Climate Resilient Fund (ICRF), managed by its asset management arm, AFC Capital Partners, to drive sustainable infrastructure in Africa (2)
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Source: Africa Finance Corporation (AFC) |

European Investment Bank (EIB) backs Africa Finance Corporation $750 Million Climate Resilient Infrastructure Fund

This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa

The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) (www.AfricaFC.org) in financing a $750 million Infrastructure Climate Resilient Fund (ICRF). This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa. As part of this commitment, the EIB today confirmed it will invest $52.48 million…

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    • Africa Finance Corporation (AFC) and the Export-Import Bank of China (CEXIM) join forces under an MoU to drive strategic infrastructure and trade projects across Africa
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation and the Export-Import Bank of China (CEXIM) Strengthen Partnership to Drive Trade and Infrastructure Growth Across Africa

To date, AFC has secured a total of US$700 million in financing from CEXIM, including a US$300 million facility in 2018 and another US$400 million loan in 2023

Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of China (CEXIM) to deepen collaboration in financing strategic infrastructure and trade projects across Africa. The agreement builds upon an existing relationship between the two institutions, dating back to…

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    • Africa Finance Corporation (AFC) has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., Ltd. (S&P Global (China) Ratings), demonstrating AFC’s exceptional financial strength, disciplined capital management, and expanding access to diversified funding
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Earns Top AAAspc Rating from S&P Global (China) Ratings, Further Enhancing Capital Diversification Opportunities

The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30%

Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., Ltd. (S&P Global (China) Ratings), demonstrating AFC’s exceptional financial strength, disciplined capital management, and expanding access to diversified funding. It is the…