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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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    • Africa Finance Corporation (AFC) secures US$300 Million Loan from the Export-Import Bank of China to boost trade finance in Africa (1)
    • Africa Finance Corporation (AFC) secures US$300 Million Loan from the Export-Import Bank of China to boost trade finance in Africa (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) secures US$300 Million Loan from the Export-Import Bank of China to boost trade finance in Africa

The loan will provide critical financing to support trade finance and investment in Africa, further facilitating the flow of goods and services between Africa and China

Africa Finance Corporation (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, today announced the successful signing of a US$300 million loan facility agreement with the Export-Import Bank of China (CEXIM). This landmark agreement, signed on the sidelines of the Asian Infrastructure Investment Bank (AIIB) Annual meetings in Egypt, is…