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Press Release

17 November

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).
Press Release

25 October 2022

AFC expands Asia footprint with US$389 million Samurai loan facility

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.
Press Release

22 September 2022

Cameroon joins Africa Finance Corporation in push towards manufacturing economy

Prime Minister commits to work with AFC to quickly build critical infrastructure
Press Release

19 September 2022

Three steps for Africa to combat climate change

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.
Press Release

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.
Press Release

30 August 2022

AFC and Mizuho Bank sign MOU to drive sustainable economic growth in Africa & Asia

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.
Press Release

22 August 2022

Africa Finance Corporation Invests in Nyanza Light Metals to drive minerals beneficiation in South Africa

Nyanza Light Metals (“Nyanza”) has announced that Africa Finance Corporation (“AFC”), the leading infrastructure solutions provider on the African continent, has become a co-developer and early stage investor in its 80,000tpa titanium dioxide pigment (TiO2) plant in South Africa.
Press release

2 August 2022

Africa’s largest asset manager PIC leads pension funds investing in continent’s infrastructure via AFC

In a significant milestone for African pension capital being deployed for domestic infrastructure and industrial development, the Public Investment Corporation (PIC), Africa’s largest asset manager, with over US$150 billion in assets under management, plans an inaugural investment in the Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider.
Press release

27 July 2022

Angola partners with AFC in new growth phase to boost value from commodity exports

AFC expands Angola investment to potential $1 billion across commodities, rail and power
Press release

16 July 2022

Infinity Group and Africa Finance Corporation (AFC) to Buy Lekela Power in Africa’s Biggest Renewable Energy Deal

Infinity, a leading renewable energy company, and AFC, Africa’s leading infrastructure solutions provider, are to acquire Lekela Power, in a deal that will make Infinity the largest renewable energy company on the continent.
Press release

3 June 2022

AFC and ICD sign MOU to collaborate on investments in 19 common member countries in Africa

Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and the Islamic Corporation for the Development of the Private Sector (ICD), a multilateral development financial institution (part of the Islamic Development Bank (IsDB) Group), today announced their intention to collaborate on financing eligible transactions in the common member countries of AFC and ICD.
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