Delivering Development, Measuring Impact

AFC presents its 2025 Development Impact Report, the first in a new annual series that focuses on a single year of impact. It builds on last year’s cumulative baseline, uses 2024 portfolio data and adds case studies from 2025. The result is an evidence-based account of what AFC’s capital made possible across the continent.

During the period, AFC-backed projects contributed over US$51 billion to GDP, supported 3.9 million direct and indirect jobs and avoided 4.3 million tonnes of CO₂ emissions. Our power investments connected 5.8 million households to electricity, and the roads, railways and bridges we financed improved transport access for 173.7 million people. AFC also closed 15 new transactions worth about US$2.6 billion and mobilised US$1.18 billion through syndication. Projects featured include the Kano–Maradi Railway, Kamoa-Kakula, Cabeolica and Wave.

AFC marks its 20th anniversary in 2027. Looking ahead, the report sets out how we are refreshing our impact framework to measure both direct and catalytic impact more rigorously, guided by The Africa We Build by 2050.

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