NewsFeedsRSS 2.0

AFC Accelerates Power Investment in Africa

The Africa Finance Corporation (AFC) a key partner from Africa, has been selected to participate in the US Presidential Power Africa Initiative, to accelerate investment in Africa’s power sector over the next five years. ....

Continue Reading

AFC Announces Infrastructure Investment Collaboration with the Nigeria Sovereign Wealth Fund

The Africa Finance Corporation (AFC) today formalised a strategic collaboration with the Nigeria Sovereign Investment Authority (NSIA), through the signing of a Memorandum of Understanding (MoU). Through this partnership....

Continue Reading

African Transport Deal of the Year, 2012

The Africa Finance Corporation (AFC) financed flagship Konan Bedie Bridge project in Côte d’Ivoire, has been awarded the Euromoney Project Finance Magazine African Transport Deal of the Year 2012. The Euro 270 million project involves the design....

Continue Reading

AFC FMO Launch Project Development Facility

Africa Finance Corporation (AFC) signed an historic partnership today with the Dutch development bank, FMO – (Nederlandse Financierings-Maatschappij voor Ontwikkelings Landen N.V), activating a USD 15 million project development facility for power, transportation, oil and gas infrastructure, agri-business and social infrastructure projects in sub-Sahara Africa.....

Continue Reading

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

Share