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Press Release
29 March 2024
Leaders from Saudi Arabia, Turkey, Botswana, Cameroon and Sierra Leone to lead discussions at AFC’s 4th Country & Stakeholder Symposium
Lagos, 29 March 2024: Africa Finance Corporation (AFC), the leading instrumental infrastructure solutions provider in Africa, is convening the 4th edition of its Country & Stakeholder Symposium (CSS) next Thursday.
Press Release
26 March 2024
AFC raises US$1.16 billion syndicated loan, its largest ever, in mission to close Africa’s infrastructure gap
Dubai, 26 March 2024: Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced the successful close of its largest ever debt facility, a US$1.16 billion syndicated loan, attracting new lenders from the Middle East, Europe and Asia.
Press Release
14 March
AFC Joins Ecobank and Soto Gallery to Host +234Art International Art Exhibition to elevate African art and empower artists
Lagos, March 14, 2024: Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has joined forces with Ecobank Nigeria and Soto Gallery to host the +234Art Fair, a 10-day international exhibition intended as a springboard to promote Africa’s art and its artists.
Press Release
7 March 2024
AFC and Investee Company Infinity Power Win Big at 2024 Bonds & Loans Awards
Cape Town, 07 March 2024: Africa Finance Corporation, the continent’s leading instrumental infrastructure provider, received the prestigious Sovereign, Supra & Agency Treasury & Funding Team of the Year Award at the 2024 Bonds, Loans & ESG Capital Markets Africa Awards in Cape Town yesterday, while AFC’s investee company Infinity Power Holdings was awarded M&A Deal of the Year.
Press Release
5 March 2024
AFC Investee Dynamic Mining Shines with Sustainability Award at 2024 Mining Indaba
Cape Town, 05 March 2024: Africa Finance Corporation’s investee company Dynamic Mining SAS has received the award for Community Engagement at the Responsible Resourcing Awards, held on the sidelines of the recently concluded African Mining Indaba in Cape Town. Now in its third year, the Responsible Resourcing Awards recognises and celebrates initiatives that promote sustainable mining and positive ESG practices.
Press Release
1 March 2024
AFC’s Infinity Power Holdings Awarded Middle East & Africa Deal of the Year by Project Finance International for the 100% Acquisition of Lekela Power
London, 1 March 2024: Africa Finance Corporation (AFC) has been awarded the prestigious "Middle East & Africa Deal of the Year" at the just concluded Project Finance International (PFI) 2023 awards ceremony in London. The PFI awards, one of the oldest and most globally recognized project finance publications, which honours achievement and ingenuity in the global project finance market, recognised AFC’s successful acquisition of Lekela Power B.V. (Lekela), Africa’s largest wind platform, alongside its partners – Infinity WorldWide, the principal sponsors of Infinity Power Holdings (IPH), Masdar, the renewables energy company of the Government of the United Arab Emirates (UAE), and the European Bank for Reconstruction and Development (EBRD).
Press Release
21 February 2024
Africa Finance Corporation Commits Up to US$40 Million Equity Investment in the African Medical Centre of Excellence (AMCE Abuja) to Revolutionise Healthcare Advancements in West Africa
Abuja, 21 February 2024: Africa Finance Corporation (AFC), the continent's leading instrumental infrastructure solutions provider, today signed an equity investment term sheet, pledging up to US$40 million towards the construction of the African Medical Centre of Excellence (AMCE) Abuja hospital.
Press Release
16 February 2024
AFC Unveils Strategic Partnerships to Boost Africa’s Mining Sector
Cape Town, 16 February 2024: Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town to boost Africa’s mining sector, ushering the continent into a new era of growth and prosperity.
Press Release
16 February
SkyPower Global and Africa Finance Corporation Forge Strategic Joint Development Agreement to Propel DRC's Renewable Energy Vision
Dubai,16 February 2024: In a significant move to advance renewable energy deployment in the Democratic Republic of Congo (DRC), Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider and SkyPower Global have entered a Joint Development Agreement for the first phase of SkyPower’s Green Giant project in the DRC. This 200MW Phase 1 is a crucial step in realising the landmark 1,000MW Solar Power Purchase Agreement (PPA) signed between SkyPower and the DRC’s state-owned utility, Société Nationale d’Electricité (SNEL).