Investment footprint
Your at-a-glance guide to our current and recent investment activity
Footprint
An investment grade rated multilateral finance institution established to help address Africa’s infrastructure needs and challenges.
Overview:
- Founded in 2007 as a joint venture between public and private investors
- International organization established by treaty
- US$13bn in total disbursement; US$12.34bn in Total Assets; Total Equity of US$3.42bn including paid-in capital of US$1.5bn
- Investment footprint across thirty-six (36) African countries
- A-3 (Long-term Issuer)/ P-2 (Short-term Issuer) rating from Moody's
- Record of identifying, executing and delivering transformational infrastructure projects
- Specialist knowledge in key priority sectors: Natural Resources, Power, Transport & Logistics, Telecommunications and Heavy Industry
- Financial Advisory together with treasury and syndication services provide holistic support to a transaction cycle
- Synergies with a unique network of global and regional investments and advisory partners which include lenders, project sponsors, co-investors and consultants
- Strong partnerships with government and a strong infrastructure focused sovereign lending business
- Over 150 professional staff operating on a Pan African basis
- Strong project development expertise; Founder of Africa Infrastructure Development Association (AFIDA)
- Specialist knowledge in deploying products across the capital structure
$13bn disbursed to projects across 36 countries
- Nigeria (Host Country)
- Angola
- Benin
- Botswana
- Burundi
- Cameroon
- Cape Verde
- Chad
- Côte d'Ivoire
- Democratic Republic of Congo
- Djibouti
- Egypt
- Eritrea
- Ethiopia
- Gabon
- Ghana
- Guinea
- Kenya
- Liberia
- Malawi
- Mauritania
- Mauritius
- Morocco
- Mozambique
- Namibia
- Republic of Congo
- Rwanda
- Senegal
- Sierra Leone
- South Africa
- Tanzania
- Togo
- Tunisia
- Uganda
- Zambia
- Zimbabwe
Our history
2021
- AFC issues US$750 million 7-year Eurobond at a yield of 2.99%
- AFC announces Sameh Shenouda as Executive Director & Chief Investment Officer
- OPEC Fund for International Development provides AFC with US$50 million loan to support post-Covid 19 Africa
- AFC receives US$100 million loan from India Exim Bank to spur post-Covid recovery
- Guinea & Togo become shareholders in AFC
- AFC creates asset management division, AFC Capital and announces its Infrastructure Climate Resilient Fund. Ayaan Zeinab Adam announced as CEO of AFC Capital
- AFC secures US$250 million capital loan from US Government’s International Development Finance Corporation / Completion of maiden US$250 million tier-2 capital injection from the US International Development Finance Corporation (DFC)
- AFC reached 33 member countries up year to date in 2021 including Niger, Egypt, Burkina Faso, DRC & Morocco becomes member states
2020
- Net Income: US$156.6 million
- Total Assets: US$7.36bn
- Shareholders Equity grew to US$2.076bn on account of equity investments from CDC Gabon (the State pension fund of the Republic of Gabon) and the Arab Bank for Economic Development (BADEA)
- The Central Bank of Nigeria (AFC's biggest shareholder) completed a maiden equity warrant subscription
- AFC commits over N 500 million to Central Bank of Nigeria private sector coalition against Covid-19
- AFC issues US$700 million 5-year Reg S Euro bond
- Introduction of callable capital to the Corporation's capital structure
- Addition of Republic of Congo and Mali as member countries
2019 - 2020
- Madagascar, Mauritius, Mauritania, Namibia, Eritrea, Mali & Senegal become members and AfDB BADE and Gabon become shareholders
- Secured US$150m Samurai, US$140m Kimchi term loan facilities
- Issued CHF200m 4-year bond, US$500m Eurobond. US$ 650m Eurobond
- Net Income: US$183.3m
- Total Assets: US$6.1bn
2018
- Zimbabwe, Malawi and Togo join as members
- Africa Re became a sharehold
- Net Income: US$128.6
- Tatal Assets: LISS4 5hn
2017
- Benin, Kenya & Zambia joined as member countries
- Secured US$150m 15-year loan facility from KfW and issues a US$500m Eurobond
- Issued US$150m maiden Sukuk
- Net income: US$100.3m
- Total Assets: US$4.2bn
2016
- Djibouti joined as member country
- Launched Africa Infrastructure Development Association
- Net income: US$ 109.4m
- Total Assets: US$3.4bn
SummaryHighlights
SummaryHighlights
Coming soon!