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Press Release
19 July 2024
ARISE IIP and Africa Finance Corporation launch US$ 100M capital pool for African entrepreneurs
Lagos, 19th July 2024 – ARISE IIP, the pan-African developer and operator of world-class industrial parks, and Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, today announced the signing of a Memorandum of Understanding to establish a dedicated US $100 million capital pool for African entrepreneurs who are establishing operations within any of the Arise IIP Special Economic Zones (SEZ) in Africa.
Press Release
8 July 2024
Africa Finance Corporation Appoints Banji Fehintola as Executive Director, Financial Services
Lagos, 8 July 2024: Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1. Banji brings extensive financial expertise and leadership experience to drive AFC's strategic initiatives to further strengthen its financial position and enhance the Corporation's growth trajectory.
Press Release
28 June 2024
AFC Signs Joint Declaration with UNIDO and Backs Cotton Partnership at WTO’s Aid-for-Trade Global Review
Geneva, 28 June 2024: Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has signed a joint declaration with the United Nations Industrial Development Organization (UNIDO) to enhance sustainable industrialisation and committed to support the 'Partenariat pour le coton' initiative, which seeks to enhance Africa’s role within the global textile and apparel value chains.
Press Release
26 June 2024
AFC invests in Africa’s largest copper complex, driving mineral beneficiation on the continent
Kinshasa, 26 June 2024: Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo.
Press Release
7 June 2024
AFC Receives Top Accolades at EMEA Finance Achievement Awards
London, 7 June 2024 : Africa Finance Corporation, the continent’s leading infrastructure solutions provider, received top accolades at the EMEA Finance Achievement Awards in London yesterday. AFC won “Most Innovative Bond” and the “Best Supranational Syndicated Loan,” a testament to the Corporation’s strong credit profile and solid track record in capital markets.
Press Release
30 May 20224
Africa Finance Corporation and Alstom Partnership Boosts Kinshasa Rail Project
Lagos, 30 May 2024: Africa Finance Corporation (AFC), the continent's leading infrastructure solutions provider, together with Alstom, a pioneer in sustainable mobility, has signed a Memorandum of Understanding (MoU) to propel the development of the MetroKin rail project Kinshasa, Democratic Republic of Congo. This significant partnership was announced alongside the recent state visit of His Excellency Félix Tshisekedi, President of the Democratic Republic of Congo, to France.
Press Release
21 May 2024
AFC bestowed Panafrican Champion at the 2024 CEO Forum Awards
Kigali, 21st May 2024: Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda. This accolade recognises AFC's outstanding contribution to the instrumental development and integration of infrastructure and industrial value chains across the African continent, reinforcing its role as a pivotal player in driving sustainable economic growth.
Press Release
17 May 2024
Energy-to-Transport Disparity Heralds Unprecedented Chance to Unlock Growth: AFC State of Africa’s Infrastructure Report
Kigali, May 17, 2024: Africa has an unprecedented opportunity to accelerate development by aligning its abundant renewable energy resources with solutions for its infrastructure deficiencies. This is a key conclusion from a new annual study on the State of Africa’s Infrastructure initiated by the Africa Finance Corporation.
Press Release
10 May 2024
Angola’s Road Network Set for Transformation as Africa Finance Corporation leads commercial funding for €381 million project
Dallas, 10th May 2024: Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is leading commercial funding for a €381.5 million package to finance engineering, procurement and construction of 186 bridges and crucially needed enhancements to Angola’s road network.
Press Release
9 May 2024
AFC and CDP Agree New Alliance to Strengthen African-Italian Investment Collaboration
Rome, 9th May 2024 – Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, in partnership with Italy’s national development finance institution Cassa Depositi e Prestiti S.p.A (CDP) today announced a landmark Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration, contributing to sustainable growth and prosperity on a global scale.
Press Release
29 April 2024
AFC Wins the “Innovation of the Year – MENA” Award at the IJGlobal Awards Ceremony 2023
Dubai, 29 April 2024: Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, has received the Innovation of the Year (MENA) award for its JPY 75 billion Samurai Bond Guarantee to the Arab Republic of Egypt, at the just concluded 2023 Infrastructure Journal Global (IJGlobal) Awards Gala in Dubai.
Press Release
25 April 2024
Africa Finance Corporation invests $14.1m in developing Xlinks’ Morocco-UK Power Project
LONDON, 25 APRIL 2024: Xlinks First Ltd. has announced a $14.1 million investment from Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, to further the development of Xlinks’ Morocco – UK Power Project, which will provide affordable, reliable, clean energy from Morocco to Britain within a decade.