AFC earns Top AAAspc Rating from S&P Global (China) Ratings, further enhancing capital diversification opportunities
AFC is committed to a diversified funding strategy and expands its funding base on a global scale.
Year: 2025
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Power outage in Abuja as vandals attack 132kV transmission line and underground cables
The Company enjoined Nigerians to be vigilant in observing and reporting suspicious activities to security operatives.
AFC successfully priced its inaugural Hybrid Bond raising US$500 million for transformative infrastructure projects
The issuance will further enhance AFC’s robust capital position while providing investors with certainty during the initial non-callable period of 5.25 years
Decentralisation is key to resolving frequent grid collapses —Prof. Iledare
Frequent power grid collapses in Nigeria remain a pressing challenge, but decentralisation offers a sustainable solution. This was made known on Tuesday by energy expert Wumi Iledare, a Professor Emeritus of Energy Studies at Louisiana State University while speaking on Channels TV’s Morning Brief. Prof. Iledare noted the systemic issues underlying Nigeria’s power grid. He…
Heirs Energies CEO Osayande Igiehon, NUPRC MD Gbenga Komolafe, others confirmed to speak at SAIPEC 2025
The inclusion of industry leaders like Dr. Igiehon underscores the essential role of African independents as drivers of regional energy security, investment, and innovation.
AFC receives AAA rating from China Chengxin, as the Corporation positions for further diversification in funding sources
AFC enjoys significant support and collaboration with Asian financial institutions.
TotalEnergies commissions solar power plants at five Safran sites in Morocco
This project with Safran illustrates our commitment to providing reliable and sustainable energy solutions to businesses in Morocco
Bridging climate action and sustainable development with natural gas
Natural gas holds a pivotal role in bridging the need for climate action and sustainable development.
Petrol prices may drop below ₦500 per litre in 2025 –Marketers
The deregulation policy has introduced competition among producers, driving prices lower.
BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa
Afterward, this gas will be transferred via pipeline to Golar LNG’s floating liquefied natural gas (FLNG) Gimi.