Africa Finance Corporation’s $400 million Islamic finance deal underscores the growing role of Sharia-compliant funding in Africa’s energy sector – an opportunity for greater Arab-African investment...
To date, AFC has secured a total of US$700 million in financing from CEXIM, including a US$300 million facility in 2018 and another US$400 million loan...
Mr Gupta will collaborate with APO Group to advise African leadership on crafting and implementing coherent, well-articulated communication strategies that are aligned to their strategic goals...
The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30% LAGOS, Nigeria, January 16, 2025/APO Group/...
Priced at a coupon of 7.50% with no fixed maturity, AFC’s maiden perpetual bond attracted robust demand, peaking at US$1.1 billion in orders, and closed with...
The AAA rating from CCXI affirms the Corporation’s intrinsic financial strength and disciplined approach to risk management LAGOS, Nigeria, January 13, 2025/APO Group/ — Africa Finance...
The project is led by the Lobito Corridor consortium, with AFC as the as lead developer, working in partnership with the US Government LUANDA, Angola, December...
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...
This landmark transaction, commemorated in Dubai, underscores AFC’s robust standing as an investment-grade rated development financial institution with a unique ability to attract diverse global investors...
The Memorandum of Understanding (MOU) signed with JOI sets out to drive transformative projects that will accelerate Africa’s energy transition and enhance economic sustainability LAGOS, Nigeria,...
