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.
It marks the first issuance under the FGN’s Domestic US Dollar Bond Programme.
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.
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream
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…
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.
The loan will be used to facilitate investments in renewable power, energy-efficient projects, and climate-resilient infrastructure.