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Press Release
26 September 2023
AFC secures US$300 Million Loan from the Export-Import Bank of China to boost trade finance in Africa
Sharm El-Sheikh, 26 September– Africa Finance Corporation, the leading infrastructure solutions provider on the continent, today announced the successful signing of a US$300 million loan facility agreement with the Export-Import Bank of China (CEXIM). This landmark agreement, signed on the sidelines of the Asian Infrastructure Investment Bank (AIIB) Annual meetings in Egypt, is poised to drive increased trade finance and investment across the African continent, fostering economic growth and development.
Press Release
8 September 2023
Djibouti Inaugurates Debut Wind Farm, a Milestone in Quest to be First African Country Fully Reliant on Green Energy
– President Ismail Omar Guelleh on Sunday, 10th September, will carry out the landmark inauguration of Djibouti’s first-ever wind farm, advancing his stated ambition to make the nation of 1.1 million the first in Africa to rely entirely on renewable sources for electricity by 2035.
Press Release
4 September 2023
Africa Finance Corporation Partners with Kenya’s CPF Financial Services to Boost Infrastructure Investment
Nairobi, 4th September 2023-Africa Finance Corporation, the continent’s leading infrastructure solutions provider, and CPF Financial Services (CPF), a leading provider of innovative financial solutions in Kenya, today announced an agreement to jointly target infrastructure investments within the country.
Press Release
14 August 2023
AFC Invests in Mahathi Infra to Transform Petroleum Product Transportation in Uganda
Kampala, 14 August, 2023 - Africa Finance Corporation (AFC), 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
Press Release
9 August 2023
Senegal to Receive €50m from Africa Finance Corporation to Boost Oil & Gas Industry
Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, is partnering with the Government of Senegal to fund the development of the landmark Sangomar oil field.
Press Release
26 July 2023
Advancing Global Solidarity on Climate Challenge
Next generation leaders from the global North and South come together to work on pragmatic approaches to the environmental crisis in a bespoke Climate Challenge Leadership Programme launched by the Africa Finance Corporation in partnership with Common Purpose
Press Release
20 July 2023
Africa Finance Corporation and MCDF Join Forces to Drive Infrastructure Development in Africa
Africa Finance Corporation (AFC), the continent's leading infrastructure solutions provider, and the Multilateral Cooperation Center for Development Finance (MCDF), a multilateral financial mechanism promoting high-quality infrastructure and connectivity investments in developing countries, have forged a transformative partnership by signing an Implementing Partner Agreement for early-stage project development.
Press Release
13 July 2023
Africa Finance Corporation, Gemcorp and Afreximbank announce the financial close of Cabinda Oil Refinery with a US$335-million project financing facility
Africa Finance Corporation (AFC), Gemcorp Holdings Limited (GHL), and African Export-Import Bank (Afreximbank) are pleased to announce the financial close of the Cabinda Oil Refinery in Angola
Press Release
20 June 2023
Cameroon’s CNPS and SBM in Mauritius invest in Africa Finance Corporation‘s impact infrastructure mission
Africa Finance Corporation, the leading infrastructure solutions provider in Africa, has received new equity investments from Caisse Nationale de Prévoyance Sociale (CNPS), Cameroon’s public pension fund, and SBM Capital Market Securities Ltd., one of the leading investment-grade financial services providers in Mauritius, further expanding its shareholder base.
Press Release
13 June 2023
AFC is named ‘Local Impact Champion’ at Africa CEO Forum
Abidjan, 13th June 2023: Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, was named ‘Local Impact Champion’ at the recent 2023 Africa CEO Forum Awards in Abidjan, Côte d’Ivoire.
Press Release
5 June 2023
AFC’s Lekela Power wins Equity Deal of the Year at the African Banker Awards
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has received the Deal of the Year – Equity award at the just concluded African Banker Awards 2023 ceremony in Sharm El Sheikh, Egypt