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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…

Africa Finance Corporation (AFC)

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    • Delegates gather at the 5th AFC Country & Stakeholder Symposium, themed “Making Africa’s Institutional Savings Work Better for the Continent,” to explore solutions for mobilising domestic capital for sustainable development
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Source: Africa Finance Corporation (AFC) |

Leaders from Angola, Ethiopia, Egypt & South Africa to lead discussions at Africa Finance Corporation's (AFC) 5th Country & Stakeholder Symposium

The Symposium will showcase AFC’s innovative capital mobilization strategies and financial structuring expertise, with a focus on developing new financial products and asset allocation models that attract and retain institutional investors

Africa Finance Corporation (AFC) (www.AfricAFC.org), the continent’s leading infrastructure solutions provider, is convening the 5th edition of its Country & Stakeholder Symposium (CSS) tomorrow, April 8, 2025, from 12:30 to 14:00 WAT.  This year’s theme, “Making Africa’s Institutional Savings Work Better for the Continent,” will spotlight the urgent need to…

Africa Finance Corporation (AFC)

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    • AFC welcomes the Union of Comoros as its 44th member, strengthening Africa’s infrastructure development
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Broadens its Regional Footprint with Comoros Membership

AFC’s diverse membership spans all regions of Africa, reinforcing its role as a leading infrastructure solutions provider for Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has welcomed the Union of Comoros as its 44th member country, reflecting continued support from more than three-quarters of Africa’s nations​. This membership provides a platform for Comoros to explore opportunities in advancing critical infrastructure in the country. Comoros’…

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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    • Prof. Benedict Oramah (right), President & Chairman of the Board of Afreximbank, handing over the AAMFI charter to Mr. Samaila Zubairu President and CEO of Africa Finance Corporation (AFC), at the handing over ceremony in Addis-Ababa, Ethiopia
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Source: Africa Finance Corporation (AFC) |

Samaila Zubairu of Africa Finance Corporation (AFC) Succeeds Prof. Benedict Oramah of Afreximbank to Lead the Alliance of African Multilateral Financial Institutions (AAMFI)

As Chair, Zubairu will drive collaborative growth by strengthening partnerships among member institutions, African governments, and global agencies to build a robust financial architecture

The Alliance of African Multilateral Financial Institutions (AAMFI), also known as the Africa Club, has announced the appointment of Samaila Zubairu as its new Chairperson. Mr. Zubairu, President and CEO of the Africa Finance Corporation (AFC), succeeds AAMFI’s founding Chair, Prof. Benedict Oramah, President and Chairman of the Board of…

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) Further Diversifies Shareholders with New Equity from Democratic Republic of Congo’s (DRC's) Rawbank
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Further Diversifies Shareholders with New Equity from Democratic Republic of Congo’s (DRC's) Rawbank

AFC has mobilised over US$200 million in investments in DRC across its key sectors of natural resources, power, transport, and heavy industries, holding an investment pipeline of over US$850 million in the near- to-medium term

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that it has received a new equity investment from Rawbank, one of the Democratic Republic of Congo’s (DRC) leading banking and financial institutions. This equity injection is aligned with AFC’s strategy to mobilize African capital and diversify…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation and Alstom Partnership Boosts Kinshasa Rail Project
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation and Alstom Partnership Boosts Kinshasa Rail Project

The project will unfold in four phases, starting with the overhaul of a 25km stretch from Kinshasa's central station to N’Djili International Airport, completely upgrading the existing railway

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading infrastructure solutions provider, together with Alstom, a pioneer in sustainable mobility, has signed a Memorandum of Understanding (MoU) to propel the development of the MetroKin rail project Kinshasa, Democratic Republic of Congo. This significant partnership was announced alongside the recent state visit…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation's State of Africa's Infrastructure Report 2024
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Source: Africa Finance Corporation (AFC) |

Energy-to-Transport Disparity Heralds Unprecedented Chance to Unlock Growth: Africa Finance Corporation (AFC) State of Africa’s Infrastructure Report

Study calls for urgent reassessment of outmoded pit-to-port models and uses new metrics to respond to full scale of continent’s infrastructure opportunity

Africa has an unprecedented opportunity to accelerate development by aligning its abundant renewable energy resources with solutions for its infrastructure deficiencies. This is a key conclusion from a new annual study on the State of Africa’s Infrastructure initiated by the Africa Finance Corporation (www.AfricaFC.org). The report highlights critical gaps in…

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…