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AFC Capital Partners invites expressions of interest from specialized consulting firms with demonstrated expertise in parametric insurance, climate risk analysis, and capacity-building initiatives to support the development and implementation of Climate Resilient Parametric Insurance (CRPI) in Africa. AFC Capital Partners is seeking Consulting Expertise for Development of Climate Resilient Parametric Insurance (CRPI) for the Infrastructure Climate Resilient Fund (ICRF)

AFC Capital Partners, the asset management arm of the Africa Finance Corporation (AFC), invites expressions of interest from specialized consulting firms with a proven track record in climate resilience, infrastructure development, and sustainable project implementation. The selected firm will support the implementation of the Infrastructure Climate Resilience Fund (ICRF), a fund program designed to address the pressing climate challenges faced by infrastructure projects across Africa.

Abidjan, Côte d’Ivoire, December 13, 2024 – The African Development Bank’s Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for the rollout of innovative "green shares” aimed at mobilising resources for climate action projects across Africa.

Luanda, 4th December 2024: The Zambia-Lobito Rail project received pivotal support from US President Joe Biden’s just concluded visit to Angola, with the Africa Finance Corporation (AFC) as the lead developer announcing a series of commitments that underscore the project’s urgency and transformative potential to deliver economic benefits that transcend borders.

Lagos, 3 December 2024 – Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced its role as Global Coordinator, Lead Co-Arranger, Underwriter, Bookrunner, and Guarantor in the successful syndication of an up to €2 billion facility for Bank of Industry (BOI), Nigeria’s largest and most impactful development finance institution. The transaction is a record global loan syndication for BOI, and marks the largest capital raise in its history, setting a new standard for developmental finance across Africa.

London, 29 November 2024 - Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has received top honours as Financial Adviser of the Year at the 2024 IJInvestor Awards. Held last night at a gala dinner in London, the Corporation received this prestigious award for providing unique financial advisory services to partners on transformational infrastructure projects that drive industrialisation and economic advancement across Africa.

Dubai, 18 November 2024 – Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. The transaction introduced a new group of lenders from India, further expanding AFC’s global partnerships.

Lagos, 15 November 2024 – With a mission to scale investment in Africa, a new collaboration between Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, and the Japan Institute for Overseas Investment (JOI), established by the initiative of the Japan Bank for International Cooperation (JBIC), is set to embark on a series of initiatives to facilitate capital flows.

Lagos, 12 November 2024 – Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has facilitated a landmark US$200 million corporate finance facility for the BUA Group, a prominent Nigerian conglomerate spanning food, infrastructure, mining and manufacturing sectors.

Washington DC, 28 October 2024- The Saudi Export-Import Bank (Saudi EXIM) and Africa Finance Corporation(AFC), Africa’s leading infrastructure solutions provider, have signed a Memorandum of Understanding (MOU) to collaborate on initiatives to boost exports in both the Kingdom of Saudi Arabia and AFC’s member countries.

Lagos, 10th October 2024 -Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, yesterday announced that it acted as a Joint Lead Manager for the successful pricing of a US$400 million 10.125% Note by Ecobank Transnational Incorporated (ETI). This 5-year offering, which is due on 15 October 2029, was offered in RegS/144A format. The net proceeds from the issuance of the Notes will be used by ETI for general corporate purposes.

Lagos, 2nd October 2024 - Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced an outstanding return to the global debt capital markets, successfully issuing a US$500 million 144A/Reg S Eurobond. The benchmark five-year Note, issued at par with a coupon of 5.55%, had a negative concession with pricing inside the Corporation’s outstanding yield curve, resulting in the tightest T-spread ever achieved by AFC on a 5-year US dollar benchmark and enabling AFC to broadly reset its yield curve in the secondary market. The issuance generated significant interest across Europe, Asia, United States, and the Middle East, resulting in a peak book that was over two and a half times oversubscribed.