NewsFeedsRSS 2.0

Africa Finance Corporation Partners with Volta River Authority

Africa Finance Corporation (AFC) has signed an Agreement with Volta River Authority (VRA) to provide a US$ 50 million loan tranche in a syndicated US$150MM three year loan facility arranged by Ecobank Capital, for the Volta River Authority (VRA) of Ghana.....

Continue Reading

Africa Finance Corporation Signs USD200 million African Development Bank Line of Credit for Infrastructure Development

 Africa Finance Corporation (AFC) today completed a landmark commercial borrowing, a US$ 200 million ten year line of credit facility granted by the African Development Bank (AfDB).....

Continue Reading

Chad joins Africa Finance Corporation

Chad is the newest member of the Africa Finance Corporation (AFC). On 26 September 2012, Chad signed the Instrument of Accession and acceptance of membership of Africa Finance Corporation.....

Continue Reading

Africa Finance Corporation Chairman - Adebayo Ogunlesi joins Goldman Sachs Board of Directors

The Board of Directors of The Goldman Sachs Group, Inc. has appointed Adebayo O. Ogunlesi as an independent director of the firm, effective October 15, 2012. Mr. Ogunlesi's appointment expands the Board to 11 directors, nine of whom are independent directors. ....

Continue Reading

AFC and PTA Bank Trade Finance Facility Renewal

The Africa Finance Corporation (AFC) and PTA Bank have renewed the Agreement for AFC’s US$25 million Trade Finance Credit Line to the Eastern and Southern African Trade and Development Bank (PTA Bank). AFC and PTA Bank have, over the last two years, developed a strong business relationship....

Continue Reading

AFC and China Africa Development Fund-Platform for Chinese Infrastructure Investments into Africa

The Africa Finance Corporation (AFC) at the recently concluded Forum on China-Africa Coorporation, formalised a strategic collaboration with the China Africa Development Fund (CADFund) by signing a memorandum of Understanding (MoU),....

Continue Reading

AFC finances EURO 270 million Konan Bedie Toll bridge, Côte d’Ivoire

Africa Finance Corporation (AFC), in conjunction with the African Development Bank (AfDB) and the Government of Côte d’Ivoire, has concluded the EURO 270 million financing of the flagship bridge infrastructure project in Côte d’Ivoire.....

Continue Reading

Copperbelt Energy Corporation (CEC) and Africa Finance Corporation (AFC) sign memorandum of understanding (MoU)

opperbelt Energy Corporation (CEC) and Africa Finance Corporation (AFC) sign memorandum of understanding (MoU) to collaborate on selected power assets across the African continent....

Continue Reading

Ogunlesi listed by Forbes as one of top 10 Africans making it in New York

It’s impossible to talk about powerful Africans in business without mentioning 59 – year-old Nigerian industrialist, Adebayo Ogunlesi. As chairman and managing partner of Global Infrastructure Partners, a $5.64billion New York-based private equity firm,....

Continue Reading

AFC and Afreximbank sign $320m Trade Finance Facility

Africa Finance Corporation (AFC) today signed its first transaction in Cote d’Ivoire - a USD320 million syndicated trade finance facility to finance the importation, processing and refining of crude oil by Societe Ivoirienne de Raffinage (SIR)....

Continue Reading

Share