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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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    • Angola’s Road Network Set for Transformation as Africa Finance Corporation leads commercial funding for €381 million project
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Source: Africa Finance Corporation (AFC) |

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…

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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    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (1)
    • AFC MOU Ceremony Amos Hochstein- Global Gateway Forum (2)
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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)
Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Invests in Mahathi Infra to Transform Petroleum Product Transportation in Uganda

AFC’s US$95.25 million investment will finance the construction of two self-propelled barges for operation on Lake Victoria, providing a more efficient and less carbon intensive alternative to traditional trucking

Africa Finance Corporation (AFC) (https://www.AfricaFC.org/), the leading infrastructure solutions provider on the continent, today announced its investment in Mahathi Infra Uganda Limited, one of East Africa’s largest oil and gas downstream players. AFC’s US$95.25 million investment will finance the construction of two self-propelled barges for operation on Lake Victoria, providing…

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

Morocco partners with Africa Finance Corporation to advance critical financing for local institutions

The MOU strengthens the partnership after Morocco officially became a member of the AFC in 2021

Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has signed a Memorandum of Understanding with Morocco’s Ministry of Economy and Finance to provide project development, structuring, and financing solutions for projects in key strategic sectors of renewable energy, transport, natural resources, heavy industries, and telecommunications. The MOU strengthens…

Africa Finance Corporation (AFC)

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    • Kinshasa’s mass transit system to be rebuilt by Africa Finance Corporation and Trans Connexion Congo
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Source: Africa Finance Corporation (AFC) |

Kinshasa’s mass transit system to be rebuilt by Africa Finance Corporation and Trans Connexion Congo

The development of this urban train is to be executed in four phases, with the first phase being a 25km rail connection from the central station of Kinshasa to the city’s N’Djili International Airport

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, has entered into a joint development agreement with Trans Connexion Congo (TCC), to jointly develop a mass transit system covering a linear route of 300km of railroad in Kinshasa, Africa’s most populous city, in the Democratic Republic…