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Angola’s Road Network Set for Transformation as Africa Finance Corporation leads commercial funding for €381 million project
The project specifically targets improved accessibility in remote areas and supports industrial and commercial activity, advancing prosperity by reducing transport costs and travel times, and easing poverty through job creation
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is leading commercial funding for a €381.5 million package to finance engineering, procurement and construction of 186 bridges and crucially needed enhancements to Angola’s road network. AFC, acting as mandated lead arranger for the commercial tranche, has committed to…