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7 February 2023
Africa Finance Corporation partners Xcalibur Multiphysics for the responsible mapping of natural resources
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Xcalibur Multiphysics, the worldwide leader in airborne geophysics, have announced their intention to partner on mapping, developing and co-financing natural resource projects that will spur minerals and critical raw materials beneficiation in Africa.
19 January 2023
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, announces the successful closure of a EUR150 million 10-year Loan facility with European development finance institutions DEG - Deutsche Investitions-und Entwicklungsgesellschaft mbH and Proparco.
12 December 2022
Africa Finance Corporation diversifies shareholders with equity from Côte d’Ivoire, Mauritius and AfricaRe
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, announces a boost to its share capital following a combined US$38 million equity injection from the government of Côte d'Ivoire, through the Ministry of Economy and Finance; the government of Mauritius, via the National Pension Fund (NPF) and National Savings Fund (NSF); and the Africa Reinsurance Corporation (AfricaRe).
8 December 2022
New partnership will look to address infrastructure gaps across Africa, including integrated ports, warehouses, maritime and logistics hubs
7 December 2022
AFC expands Asian capital market footprint with US$160 million Kimchi loan facility led by Mizuho and Shinhan Bank
Africa Finance Corporation, the leading infrastructure solutions provider in Africa, is expanding its footprint in Asian capital markets, today announcing the successful closure of a US$160 million Kimchi Term Loan Facility with Mizuho Bank, Ltd. and Shinhan Bank as Bookrunners and Mandate Lead Arrangers (BMLAs)
6 December 2022
COP27 took place at a crucial time for the climate conversation, with the ambition of turning rhetoric into solutions. In Africa, an increase in both the frequency and severity of climate-related disasters put pressure on governments' tight budgets. Under a 2°Cwarming scenario, by 2050, climate impacts could cost the continent $50bn annually.
Africa Finance Corporation deepens Asia funding with Korea Development Bank US$100 million loan facility
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, today announces the successful closing of a 5-year US$100 million loan facility from the Korea Development Bank (KDB).
25 October 2022
Lagos, 25 October 2022: Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has successfully closed a US$389 million dual currency Samurai term loan facility, split into US$382 million and JPY ¥1 billion.
22 September 2022
Prime Minister commits to work with AFC to quickly build critical infrastructure
19 September 2022
With hopes for countering global warming pinned on progress at the upcoming COP27 UN Climate Change Conference in Egypt, a report from the Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, sets out the continent’s stance by balancing the need for emissions reduction with critical development imperatives.
31 August 2022
Italy’s CDP agrees debut EUR 100 million loan for Africa Finance Corporation to support transition in Africa
The Italian development finance institution Cassa Depositi e Prestiti SpA (CDP) has agreed a debut 100 million euro loan for Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the African continent, to facilitate investments in renewable power, energy efficient projects and climate-resilient infrastructure.
30 August 2022
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Mizuho Bank, a leading global bank with one of the largest customer bases in Japan, have signed a Memorandum of Understanding to collaborate on project & infrastructure finance, trade finance and treasury to drive sustainable economic growth in Africa and Asia.