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Africa Finance Corporation (AFC)

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    • The Africa Finance Corporation (AFC) and the Fund for Export Development in Africa (FEDA) have partnered to support ARISE IIP’s US$443 million capital raise, aimed at accelerating industrial transformation across 12 African countries. This collaboration marks a significant step toward boosting Africa’s role in global value chains and driving sustainable economic growth
    • (L-R) Benedict Okey Oramah, Marlene Ngoyi, Gagan Gupta, and Samaila Zubairu
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Source: Africa Finance Corporation (AFC) |

Fund for Export Development in Africa (FEDA) and Africa Finance Corporation (AFC) power ARISE IIP’s US$443 Million capital raise

ARISE IIP's total equity capital now exceeds US$1 billion, with Africa Finance Corporation (AFC) holding a majority stake, followed by Afreximbank’s FEDA and Equitane as key shareholders

ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million. The funding includes a strategic US$300 million investment from Afreximbank’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing Afreximbank’s FEDA a significant stake in…

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

Federal Government of Nigeria & Digital Free Zones in Nigeria (DiFZIN) inaugurate committee for the Establishment of Digital Free Zone for Technology and Global Service Businesses

Digital Free Zones foster innovation and economic expansion by leveraging cutting-edge digital technologies such as AI and Edge Computing, and a supportive regulatory environment

In a bid to drive the ease of doing business for global digital, finance, knowledge- and services-oriented enterprises in Nigeria, the Federal Government of Nigeria established a steering committee chaired by President Bola Ahmed Tinubu GCFR to drive the promotion and establishment of a digital free zone in Nigeria to…

Africa Finance Corporation (AFC)

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    • United States, Zambia, Africa Finance Corporation (AFC) Host Partnership for Global Infrastructure and Investment (PGI) Forum to Strengthen Investment in Lobito Corridor
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Source: Africa Finance Corporation (AFC) |

United States, Zambia, Africa Finance Corporation (AFC) Host Partnership for Global Infrastructure and Investment (PGI) Forum to Strengthen Investment in Lobito Corridor

The corridor will integrate the African continent and enhance connections with global markets

His Excellency Hakainde Hichilema, President of the Republic of Zambia, Amos Hochstein, Senior Advisor to President Biden, and Samaila Zubairu, President and CEO of the Africa Finance Corporation (AFC) (www.AfricaFC.org) convened the Partnership for Global Infrastructure and Investment (PGI) Lobito Corridor Private Sector Investor Forum in Lusaka today. This is the…

Africa Finance Corporation (AFC)

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    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (1)
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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…