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Africa Finance Corporation (AFC)

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    • AFC announces the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) invests in Africa's largest copper complex, driving mineral beneficiation on the continent

Kamoa-Kakula is a world-class, high-grade, low carbon-intensive, underground copper deposit situated on the western edge of the prolific Central African Copperbelt

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo. The loan by AFC, who acted both as lender…

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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    • Africa Finance Corporation's investee company, Dynamic Mining SAS, was awarded the Community Engagement accolade at the Responsible Resourcing Awards during the African Mining Indaba in Cape Town
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Investee Dynamic Mining Shines with Sustainability Award at 2024 Mining Indaba

Among the deserving recipients, Dynamic Mining stood out, earning the award for demonstrating leading practices in community engagement

Africa Finance Corporation’s (www.AfricaFC.org) investee company Dynamic Mining SAS has received the award for Community Engagement at the Responsible Resourcing Awards, held on the sidelines of the recently concluded African Mining Indaba in Cape Town. Now in its third year, the Responsible Resourcing Awards recognises and celebrates initiatives that promote…

Africa Finance Corporation (AFC)

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    • AFC announces several strategic partnerships to boost Africa’s mining sector
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Unveils Strategic Partnerships to Boost Africa’s Mining Sector

Since 2014, AFC has invested over US$1billion in Africa’s mining of precious metals and critical minerals across several countries, and the latest partnerships will further strengthen the sector by driving significant capital flow into the continent

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town to boost Africa’s mining sector, ushering the continent into a new era of growth and prosperity. Since 2014, AFC…

Africa Finance Corporation (AFC)

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    • Burundi and São Tomé & Príncipe as its newest member countries, expanding its community of sovereigns to 42 African nations
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Source: Africa Finance Corporation (AFC) |

São Tomé and Príncipe, and Burundi expand Africa Finance Corporation membership to three-quarters of the continent

Despite significant macroeconomic headwinds, AFC has doubled its membership in the last five years, strengthening its mandate to resolve regional challenges and catalyze private sector-led infrastructure development across Africa

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, announces Burundi and São Tomé & Príncipe as its newest member countries, expanding its community of sovereigns to 42 African nations. Despite significant macroeconomic headwinds, AFC has doubled its membership in the last five years, strengthening its mandate to…

Africa Finance Corporation (AFC)

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    • Africa Finance Corporation (AFC), Solid Minerals Development Fund of Nigeria (SMDF), and Xcalibur Partner to Boost Nigeria's Geological Data Capabilities (1)
    • Africa Finance Corporation (AFC), Solid Minerals Development Fund of Nigeria (SMDF), and Xcalibur Partner to Boost Nigeria's Geological Data Capabilities (2)
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC), Solid Minerals Development Fund of Nigeria (SMDF), and Xcalibur Partner to Boost Nigeria's Geological Data Capabilities

The collaboration will pursue initiatives that enhance the availability of Nigeria's geological data to interested investors across the globe and design an exploration program for mapping the country's subterranean mineral wealth

In a groundbreaking move for Nigeria's mining sector, Africa Finance Corporation (AFC) (https://www.AfricaFC.org/), the leading infrastructure provider on the continent, the Solid Minerals Development Fund of Nigeria (SMDF), a Nigerian mining-focused development fund, and Xcalibur Multiphysics (Xcalibur), a global leader in airborne geophysics, have joined forces to enhance the landscape…

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

Africa Finance Corporation and Solid Minerals Development Fund of Nigeria Forge Strategic Partnership to Derisk Mining Industry

Through this partnership, AFC and SMDF aim to bridge this gap to unlock the immense potential of Nigeria's mineral resources

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure provider and the Solid Minerals Development Fund of Nigeria (SMDF), a Nigerian mining-focused development fund,  today on the sidelines of Nigerian Mining Week in Abuja, announced a transformative partnership aimed at derisking Nigeria's mining sector and scaling up artisanal miners in…

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

Africa Finance Corporation Partners with the Solid Minerals Development Fund on Catalyzing Private Sector-Led Mining Projects in Nigeria

Challenges around development and finance mean that only a fraction of over US$700 billion of potential Nigerian mining projects receives the necessary funding, according to SMDF

Africa Finance Corporation (AFC) (www.AfricAFC.org), the continent's leading infrastructure solutions provider, and the Solid Minerals Development Fund (SMDF) are partnering to deploy project development funding and technical advisory to fast track closure and operations of commercial scale mining projects in Nigeria. This following AFCs flagship investment in the first commercial…