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Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) publishes the 2024 version of its annual Development Impact Report
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation Reports US$50 Billion Gross Domestic Product (GDP) Impact and 7 Million Jobs Created Through Scalable Infrastructure Model

As global demand grows for sustainable, high‑yield investments, AFC’s blended finance model offers a replicable approach to accelerating Africa’s infrastructure development

 166 projects across 36 countries delivering real-world impact at scale Climate-smart infrastructure avoiding annual 8.8 million tons of CO₂ emissions Africa’s largest and fastest-growing renewable energy platform delivers 1.4 GW of clean electricity, and on track to reach 3 GW by 2030 Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure…

Africa Finance Corporation (AFC)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Champions Shift of $4 Trillion in Domestic Savings into Africa’s Infrastructure Transformation

AFC calls for coordinated investment in energy, transport, and logistics to unlock competitiveness in these sectors and anchor regional production hubs

Clarion call for scaling electricity generation and transmission to drive structural economic transformation   Installed power capacity per capita stagnated in Africa vs. doubling in India since 2008  Africa’s railway expansion is gaining speed with 7,000 km of new track investments poised to double growth in the next decade  Africa’s rising…

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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    • Djibouti Inaugurates Debut Wind Farm, a Milestone in Quest to be First African Country Fully Reliant on Green Energy (1)
    • Djibouti Inaugurates Debut Wind Farm, a Milestone in Quest to be First African Country Fully Reliant on Green Energy (2)
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Source: Africa Finance Corporation (AFC) |

Djibouti Inaugurates Debut Wind Farm, a Milestone in Quest to be First African Country Fully Reliant on Green Energy

The Red Sea Power (RSP) wind farm, near Lake Goubet, will provide 60 megawatts of clean energy, boosting overall capacity by 50% and averting 252,500 tonnes of CO2 emissions annually

60MW plant boosts energy capacity by 50% while averting 252,500 tons of CO2; Further 45MW expansion planned by investment partners AFC (www.AfricaFC.org), FMO, CFM & GHIH; Energy security and independence, import substitution, industrialisation, job creation and economic stability are among the benefits to be delivered in line with UN SDGs.…