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Africa Finance Corporation (AFC)

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    • AFC and Cassa Depositi e Prestiti S.p.A (CDP) announce Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration (1)
    • AFC and Cassa Depositi e Prestiti S.p.A (CDP) announce Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) and Cassa Depositi e Prestiti S.p.A (CDP) Agree New Alliance to Strengthen African-Italian Investment Collaboration

The strategic alliance endeavours to bolster African infrastructure, harness natural resources, and propel industrial development through shared expertise and enhanced financial cooperation

Africa Finance Corporation (AFC) (www.AfricAFC.org), Africa’s leading infrastructure solutions provider, in partnership with Italy’s national development finance institution Cassa Depositi e Prestiti S.p.A (CDP) yesterday announced a landmark Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration, contributing to sustainable growth and prosperity on a global scale.…

Africa Finance Corporation (AFC)

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    • Red Sea Power, Djibouti. Photo credit: Thought Leader Global
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation’s year of impact sees major expansion of projects and investment

Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to implement critical infrastructure projects across multiple sectors

Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience. Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and…

Africa Finance Corporation (AFC)

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    • Leaders from Saudi Arabia, Turkey, Botswana, Cameroon and Sierra Leone to lead discussions at Africa Finance Corporation’s (AFC) 4th Country & Stakeholder Symposium
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Source: Africa Finance Corporation (AFC) |

Leaders from Saudi Arabia, Turkey, Botswana, Cameroon and Sierra Leone to lead discussions at Africa Finance Corporation’s (AFC) 4th Country & Stakeholder Symposium

This year's symposium focuses on the pivotal issue of limited availability of domestic capital which continues to impede the continent's economic progress

Africa Finance Corporation (AFC) (www.AfricAFC.org) , the leading instrumental infrastructure solutions provider in Africa, is convening the 4th edition of its Country & Stakeholder Symposium (CSS) next Thursday. Themed “Retaining African Capital for a Sustainable Future”, this year's symposium focuses on the pivotal issue of limited availability of domestic capital…

Africa Finance Corporation (AFC)

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    • AFC wins Sovereign, Supra & Agency Treasury Team Award at the 2024 Bonds, Loans & ESG Capital Markets Africa Awards in Cape Town, with investee Infinity Power Holdings clinching M&A Deal of the Year
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) and Investee Company Infinity Power Win Big at 2024 Bonds & Loans Awards

AFC played a leading role in proffering an innovative funding solution, with the Corporation deploying a suite of equity and quasi-equity instruments

Africa Finance Corporation (www.AfricaFC.org), the continent’s leading instrumental infrastructure provider, received the prestigious Sovereign, Supra & Agency Treasury & Funding Team of the Year Award at the 2024 Bonds, Loans & ESG Capital Markets Africa Awards in Cape Town yesterday, while AFC’s investee company Infinity Power Holdings was awarded M&A…

Africa Finance Corporation (AFC)

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    • AFC receives 'Middle East & Africa Deal of the Year' award for its acquisition of Lekela Power B.V., Africa's largest wind platform, at the PFI 2023 awards ceremony in London
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation’s (AFC) Infinity Power Holdings Awarded Middle East & Africa Deal of the Year by Project Finance International for the 100% Acquisition of Lekela Power

The PFI awards, one of the oldest and most globally recognized project finance publications, which honours achievement and ingenuity in the global project finance market

Africa Finance Corporation (AFC) (www.AfricaFC.org) has been awarded the prestigious "Middle East & Africa Deal of the Year" at the just concluded Project Finance International (PFI) 2023 awards ceremony in London. The PFI awards, one of the oldest and most globally recognized project finance publications, which honours achievement and ingenuity…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation and SkyPower Global have entered a Joint Development Agreement for the first phase of SkyPower’s Green Giant project in the DRC (1)
    • Africa Finance Corporation and SkyPower Global have entered a Joint Development Agreement for the first phase of SkyPower’s Green Giant project in the DRC (2)
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Source: Africa Finance Corporation (AFC) |

SkyPower Global and Africa Finance Corporation Forge Strategic Joint Development Agreement to Propel Democratic Republic of Congo (DRC's) Renewable Energy Vision

The Joint Development Agreement is set to catalyse the construction of the first 200MW phase of the project

In a significant move to advance renewable energy deployment in the Democratic Republic of Congo (DRC), Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider and SkyPower Global have entered a Joint Development Agreement for the first phase of SkyPower’s Green Giant project in the DRC. This 200MW…

Africa Finance Corporation (AFC)

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    • AFC announces several strategic partnerships to boost Africa’s mining sector
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Unveils Strategic Partnerships to Boost Africa’s Mining Sector

Since 2014, AFC has invested over US$1billion in Africa’s mining of precious metals and critical minerals across several countries, and the latest partnerships will further strengthen the sector by driving significant capital flow into the continent

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town to boost Africa’s mining sector, ushering the continent into a new era of growth and prosperity. Since 2014, AFC…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation appoints Emeka Emuwa as Chairman of its Board of Directors
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Appoints Emeka Emuwa as Chairman of Board

Mr. Emuwa brings a wealth of experience spread over three decades leading and transforming banking institutions across Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading instrumental infrastructure solutions provider, today announces the appointment of Mr. Emeka Emuwa as Chairman of its Board of Directors. Mr. Emuwa brings a wealth of experience spread over three decades leading and transforming banking institutions across Africa. After completing a sterling 25-year…

Africa Finance Corporation (AFC)

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    • United States, Zambia, Africa Finance Corporation (AFC) Host Partnership for Global Infrastructure and Investment (PGI) Forum to Strengthen Investment in Lobito Corridor
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Source: Africa Finance Corporation (AFC) |

United States, Zambia, Africa Finance Corporation (AFC) Host Partnership for Global Infrastructure and Investment (PGI) Forum to Strengthen Investment in Lobito Corridor

The corridor will integrate the African continent and enhance connections with global markets

His Excellency Hakainde Hichilema, President of the Republic of Zambia, Amos Hochstein, Senior Advisor to President Biden, and Samaila Zubairu, President and CEO of the Africa Finance Corporation (AFC) (www.AfricaFC.org) convened the Partnership for Global Infrastructure and Investment (PGI) Lobito Corridor Private Sector Investor Forum in Lusaka today. This is the…

Africa Finance Corporation (AFC)

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    • Turk Eximbank Joins Africa Finance Corporation (AFC) as Inaugural non-African Shareholder
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Source: Africa Finance Corporation (AFC) |

Turk Eximbank Joins Africa Finance Corporation (AFC) as Inaugural non-African Shareholder

Turk Eximbank’s investment in AFC is its first in an African entity and aligns with Türkiye’s strategic vision of fostering resilient and sustainable growth in Africa, as outlined in the government’s Africa Partnership Policy

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced an equity investment from Turk Eximbank on behalf of the Republic of Türkiye, marking a historic milestone in onboarding the Corporation’s first non-African sovereign shareholder. The equity subscription from Türkiye’s official export credit agency advances AFC’s mission…