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AFC leads in financing of the landmark US$900 million Kpone IPP

The Africa Finance Corporation (AFC) has today executed the financing of the Cenpower Generation Company Limited (Cenpower),....

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Changes to the AFC Board

The Board of the Africa Finance Corporation (AFC) today announced that as part of AFC’s Board succession process, Mr. Adebayo Ogunlesi and Mr. Aliyu Dikko retired from the Board of Directors.....

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AFC Expands Investment Footprint In Africa

The African Finance Corporation is financing its first project in Chad, a member country of the AFC since 2012.....

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AFC’s First Investment in Chad

AFC Lead arranger of USD1.305 billion natural resource facility for Glencore and Société des Hydrocarbures du Tchad....

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AFC's Andrew Alli recognised as African Banker Icon at African Banker AwardsAFC's Andrew Alli recognised as African Banker Icon at African Banker Awards

Andrew Alli, CEO of the Africa Finance Corporation, won the African Banker Icon Award at this year's African Banker Awards. The winners of the eighth edition of African Banker magazine’s African Banker Awards were announced at a prestigious ceremony attended on the 21st May at the Kigali Serena Hotel.....

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Africa Finance Corporation’s Andrew Alli wins African Banker Icon Award, 2014

AFC SETS BENCHMARK FOR EXCELLENCE AND TRANSFORMATIONAL IMPACT IN AFRICA LAGOS, 22 May 2014: The African Banker has awarded Andrew Alli, President and Chief Executive Officer Africa Finance Corporation (AFC) with The African Banker Icon of the year, 2014.....

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Cape Verde joins Africa Finance Corporation

Lagos, 10 April, 2014 Cape Verde is the newest member of the Africa Finance Corporation (AFC). On 25 March 2014, during the inaugural Infrastructure Investment Summit of the AFC – AFC LIVE, Cape Verde signed the Instrument of Accession and Acceptance of membership of the Africa Finance Corporation. ....

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ORE THAN 500 DECISION MAKERS DISCUSS BRIDGING AFRICA INFRASTRUCTURE INVESTMENT DIVIDE AT AFC LIVE

At the Africa Finance Corporation’s inaugural Summit held today in Lagos, Jim O’Neill, creator of the BRICs and MINT acronyms, economist and former Chairman of Goldman Sachs Asset Management, said:“Africa's future depends on the continent’s policy makers doing the right thing....

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AFC secures First International Credit Rating

The Africa Finance Corporation (AFC or the Corporation), a multilateral development financial institution headquartered in Lagos, has today secured its first International credit rating from Moody’s Investors Service (Moody’s).....

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AFC underwrites USD 65 million swamp rig acquisition facility for Depthwize Nigeria

The Africa Finance Corporation (AFC) has underwritten USD65 million of a USD100 million senior secured term loan facility for Depthwize Nigeria Limited (Depthwize), for the acquisition and upgrade of swamp rigs. AFC, in conjunction with JP Morgan, is the co-mandated lead arranger for the transaction.....

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