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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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    • 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…

Africa Finance Corporation (AFC)

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    • AFC and CDP join forces, signing a EUR50 million loan facility to fuel Africa's sustainable future through renewable power, energy efficiency, and climate-resilient infrastructure projects (1)
    • AFC and CDP join forces, signing a EUR50 million loan facility to fuel Africa's sustainable future through renewable power, energy efficiency, and climate-resilient infrastructure projects (2)
    • AFC and CDP join forces, signing a EUR50 million loan facility to fuel Africa's sustainable future through renewable power, energy efficiency, and climate-resilient infrastructure projects (3)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation agrees EUR50 million loan facility with Italy’s Cassa Depositi e Prestiti SpA (CDP) for climate resilient infrastructure

The 10-year facility will enable AFC to accelerate its efforts in addressing Africa's infrastructure deficit while financing projects that contribute to mitigating climate change

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, and Italian development finance institution Cassa Depositi e Prestiti SpA (CDP) (www.CDP.it) have signed a EUR50 million loan facility agreement on the sidelines of COP28 in Dubai. The financing will play a crucial role in supporting AFC’s…

Africa Finance Corporation (AFC)

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    • Saudi Fund for Development (SFD) and Africa Finance Corporation (AFC) announce signing of a memorandum of understanding (MoU) to jointly finance sustainable and impactful infrastructure projects across Africa
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Source: Africa Finance Corporation (AFC) |

Saudi Fund for Development and Africa Finance Corporation partner to drive sustainable Development in Africa

The signing of this MoU with the Africa Finance Corporation is a significant step forward in collaborating to finance sustainable and impactful infrastructure projects across Africa

Parallel financing planned in strategic sectors; Memorandum of understanding signed today at the Saudi-Arab-African Economic Conference to expand SFD’s $10.7 billion of development support in Africa. In a milestone for strengthened bilateral ties between the Kingdom of Saudi Arabia and Africa, the Saudi Fund for Development (SFD) and Africa Finance Corporation…

Africa Finance Corporation (AFC)

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    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (1)
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    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (3)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation to lead United States (US)-backed development of the Lobito Corridor and Zambia-Lobito Rail Line

The expansion of the Lobito Corridor holds enormous promise for regional and international trade, fostering economic development and improved connectivity

 “This represents the most significant transport infrastructure that the US has helped develop on the African continent in a generation”- Helaina Matza, US State Department; AFC (www.AfricaFC.org) is appointed lead project developer, working with US, EU, Angola, DRC, Zambia, AfDB; Connected, open-access rail from the Atlantic to Indian Ocean envisaged under MOU.…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation and Turk Eximbank collaborate to increase trade and infrastructure investment between Africa and Türkiye
    • Africa Finance Corporation and Turk Eximbank collaborate to increase trade and infrastructure investment between Africa and Türkiye
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation and Turk Eximbank collaborate to increase trade and infrastructure investment between Africa and Türkiye

This landmark collaboration stems from long-standing relations between Africa and Türkiye, spurred by their shared economic interests to accelerate South-South cooperation and promote inclusive and sustainable development

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, and the Export Credit Bank of Türkiye (Türk Eximbank), Türkiye’s official export credit agency today signed an agreement to increase inter-regional cooperation, investment and trade between Türkiye and Africa. The agreement was signed on the sidelines of the just concluded…

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…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) Japan Bank for International Cooperation (JBIC) Memorandum of Understanding (MOU) signing
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) and Japan Bank for International Cooperation collaborate to accelerate energy transition in Africa

This collaboration aims to develop and finance infrastructure projects on the continent that contribute to accelerating Africa’s path to net-zero in a pragmatic way

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider in Africa, and Japan Bank for International Cooperation (JBIC), Japan’s policy-based financial institution, have signed a Memorandum of Understanding (MOU) to collaborate on infrastructure projects that contribute to accelerating energy transition in Africa and promoting economic sustainability on the continent.…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC) Expands Asian Capital Market Footprint with US$160 Million Kimchi Loan Facility Led by Mizuho and Shinhan Bank
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Expands Asian Capital Market Footprint with US$160 Million Kimchi Loan Facility Led by Mizuho and Shinhan Bank

The successful closure of the 3-year Kimchi loan facility is a positive indication of Korea’s and more broadly Asia’s growing interest in infrastructure investment opportunities in Africa

Africa Finance Corporation (https://www.AfricaFC.org/), the leading infrastructure solutions provider in Africa, is expanding its footprint in Asian capital markets, today announcing the successful closure of a US$160 million Kimchi Term Loan Facility with Mizuho Bank, Ltd. and Shinhan Bank as Bookrunners and Mandate Lead Arrangers (BMLAs). This facility follows the…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation deepens Asia funding with Korea Development Bank US$100 million loan facility
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation deepens Asia funding with Korea Development Bank US$100 million loan facility

This new bilateral loan facility from KDB will support mid-term liquidity as AFC works to deliver fast and sustainable solutions to close Africa’s infrastructure gap and unleash the continent’s prosperity

Africa Finance Corporation (AFC) (https://www.AfricaFC.org), the leading infrastructure solutions provider in Africa, today announces the successful closing of a 5-year US$100 million loan facility from the Korea Development Bank (KDB). The credit from South Korea’s state-owned policy bank follows a recent US$389 Samurai loan facility from Japanese investors in October,…