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Africa Finance Corporation (AFC)

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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…

Africa Finance Corporation (AFC)

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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…

Africa Finance Corporation (AFC)

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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…

Africa Finance Corporation (AFC)

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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…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) has received an AAA domestic credit rating with a stable outlook from China Chengxin International Credit Rating Co. Ltd (CCXI)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) receives AAA rating from China Chengxin, as the Corporation positions for further diversification in funding sources

The AAA rating from CCXI affirms the Corporation’s intrinsic financial strength and disciplined approach to risk management

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has received an AAA domestic credit rating with a stable outlook from China Chengxin International Credit Rating Co. Ltd (CCXI). The milestone rating enables AFC to deepen its engagement in China’s vast domestic debt capital markets. It positions the…

Africa Finance Corporation (AFC)

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    • 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
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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)

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    • Africa Finance Corporation (AFC) announces its role as Global Coordinator, Lead Co-Arranger, Underwriter, Bookrunner, and Guarantor in the successful syndication of an up to €2 billion facility for Bank of Industry (BOI)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Leads up to €2 Billion Syndicated Facility in Largest-Ever Global Loan Syndication for Bank of Industry

The transaction is a record global loan syndication for BOI, and marks the largest capital raise in its history, setting a new standard for developmental finance across Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced its role as Global Coordinator, Lead Co-Arranger, Underwriter, Bookrunner, and Guarantor in the successful syndication of an up to €2 billion facility for Bank of Industry (BOI), Nigeria’s largest and most impactful development finance institution. The transaction…

Africa Finance Corporation (AFC)

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    • AFC secures $300M India-focused loan, expanding global partnerships and driving African infrastructure development
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Secures US$300 Million Loan, Expanding Investor Base with Indian Lenders

This landmark transaction, commemorated in Dubai, underscores AFC's robust standing as an investment-grade rated development financial institution with a unique ability to attract diverse global investors

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. The transaction introduced a new group of lenders from India, further expanding AFC’s global partnerships. This…

Africa Finance Corporation (AFC)

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    • AFC and JOI partner to boost Japan-Africa ties, driving transformative projects and Africa’s energy transition (1)
    • AFC and JOI partner to boost Japan-Africa ties, driving transformative projects and Africa’s energy transition (2)
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Source: Africa Finance Corporation (AFC) |

Japanese Investment in Africa Finds New Support through Africa Finance Corporation (AFC) and Japan Institute for Overseas Investment (JOI) Partnership

The Memorandum of Understanding (MOU) signed with JOI sets out to drive transformative projects that will accelerate Africa’s energy transition and enhance economic sustainability

With a mission to scale investment in Africa, a new collaboration between Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, and the Japan Institute for Overseas Investment (JOI), established by the initiative of the Japan Bank for International Cooperation (JBIC), is set to embark on a series…

Africa Finance Corporation (AFC)

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    • AFC has facilitated a landmark US$200 million corporate finance facility for the BUA Group
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Facilitates Landmark US$200 Million Corporate Finance Facility for BUA Group

The financing, approved by Afreximbank in two tranches, supports BUA’s medium-term objectives by unlocking capital to pursue emerging market opportunities

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has facilitated a landmark US$200 million corporate finance facility for the BUA Group, a prominent Nigerian conglomerate spanning food, infrastructure, mining and manufacturing sectors. The facility, provided to BUA Industries Limited by the African Export-Import Bank (Afreximbank), marks the…