Africa Finance Corporation returns to Global Debt Capital Markets with oversubscribed five-year US$500m Eurobond
The significant oversubscription and success of this bond issue is an endorsement of our impressive financial performance.
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Africa Finance Corporation, Itana partner to establish Africa’s first digital economic zone in Nigeria
The Itana Digital Economic Zone in Lagos, Nigeria is intended as an online jurisdiction and to serve as a gateway to build a global business in Nigeria
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.
AFC leads Nigeria’s inaugural domestic dollar bond, raises US$900m
It marks the first issuance under the FGN’s Domestic US Dollar Bond Programme.
AFC supports Africa’s largest Methanol Plant, transforming flared gas into valuable resources
The venture is led by Blackrose, a project development and investment firm, and co-developed with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, which are co-financing alongside AFC.
Africa can be long-term focal point for oil industry
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream
Africa Finance Corporation partners Solid Minerals Development Fund of Nigeria to harness Nigeria’s mineral resources potential
The continent’s leading infrastructure provider,Africa Finance Corporation (AFC) and the Solid Minerals Development Fund of Nigeria (SMDF), a Nigerian mining-focused development fund, today on the sidelines of Nigerian Mining Week in Abuja, announced a transformative partnership aimed at derisking Nigeria’s mining sector and scaling up artisanal miners in the country to an industrial level of…
AFC expands Asian capital market footprint with US$160 million Kimchi loan facility led by Mizuho and Shinhan Bank
The successful closure of the 3-year Kimchi loan facility is a positive indication of Korea’s and more broadly Asia’s growing interest in infrastructure investment opportunities in Africa.
Africa Finance Corporation secures US$100m loans to promote investments in renewable power
The loan will be used to facilitate investments in renewable power, energy-efficient projects, and climate-resilient infrastructure.