AFC assigned A+ Rating with stable outlook by Japan Credit Rating Agency, strengthening access to Asian Capital Markets
The credit rating reflects AFC’s leading role in infrastructure development in Africa.
Tag: AFC
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How African investment leadership can play a key role in a post-aid world
Their contributions are reshaping not only the continent but the very model of global partnership
Angola joins Africa Finance Corporation as shareholder, strengthening support for Africa-driven development
Angola has deepened its strategic partnership with the institution through a landmark equity investment commitment of US$184.8 million.
Cassa Depositi e Prestiti and SACE provide EUR250 Million to Africa Finance Corporation
This long-term facility deepens AFC’s strategic partnership with both CDP and SACE.
AFC, UNIDO, and partners form new alliance to drive economic transformation through Islamic and Arab finance
This is about empowering MSMEs, restoring trust in financial systems, and building resilient, inclusive economies
AFC champions $4 trillion shift in domestic savings toward Africa’s infrastructure development
The tools exist. The capital is available. What’s needed now is coordinated action to unlock it.
Saudi EXIM Bank and Africa Finance Corporation sign MoU to enhance export activities in the Middle East and Africa
AFC is pleased to partner with the Saudi Exim Bank, marking a major milestone in strengthening ties between Africa and Saudi Arabia.
Moody’s affirms AFC’s A3 Rating with a change from Negative to Stable Outlook
The change in outlook to stable from negative is driven by our expectation that AFC will be able to maintain astable.
Infinity Group and Africa Finance Corporation to buy Lekela Power in Africa’s biggest renewable energy deal
The proposed acquisition includes Lekela Power’s portfolio of operational wind power projects, which have a combined installed capacity of over 1 gigawatt (GW), mainly located in South Africa, Egypt and Senegal. It also includes Lekela’s 1.8 GW pipeline of greenfield projects, the majority of which are anticipated to reach financial close in the near future.
Financing power projects in Africa: From pipe dream to project bankability
Many energy schemes across Africa wither because of the absence of effective financing structures. However, both development finance institutions and commercial lenders are committed to finding solutions that could transform the continent’s prospects. James Gavin reports. The race is on to find new ways of catalysing finance for projects that provide electricity to all Africans….