Media
AFC to invest in Capital Alliance Property Investment Company
9 Oct 2009
The Board Risk and Investment Committee of Africa Finance Corporation (AFC) approved that the Corporation should invest in Capital Alliance Property Investment Company (CAPIC).
APIC is a real estate fund established for the purpose of making equity and quasi-equity investments in residential, commercial and hospitality properties in West Africa. AFC's investment in the CAPIC fund allows the Corporation to facilitate the strengthening of professional investment institutions and infrastructure development companies in Nigeria and Africa.
AFC is a private sector led bank and a development finance institution which invests equity in projects and organizes bridge financing to ensure that projects are executed expeditiously while raising long-term debt for transactions.
In other news:
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- AFC Annual General Meeting 2010
- Africa Finance Corporation and major International banks commit USD 750 mm to develop Ghana's largest offshore Oil Field
- Zenon Petroleum & Gas Proceedings to Wind up Africa Finance Corporation Dismissed
- AFC-financed Main One Submarine Cable Lands in Ghana
- 19/08/2010 - AFC Conferred with Diplomatic Status as an International Institution
- 02/08/2010 - AFC, Sojitz sign Memorandum of Understanding
- 27/07/2010 - AFC Supports Wind Power in Cape Verde
- 21/07/2010 - AFC-Financed Main One Cable System Now Operational
