Africa Finance Corporation
Zubairu becomes AFC’s third president
Africa Finance Corporation (AFC), has announced the appointment of Samaila D. Zubairu as the Corporation’s third President and Chief Executive Officer, succeeding Andrew Alli who comes to the end of his tenor, having successfully served in the position since 2008. Zubairu is a distinguished Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and…
Malawi becomes AFC’s 18th member state
The Republic of Malawi has become the second Southern African member country of Africa Finance Corporation (AFC), Africa’s leading infrastructure development finance institution.
AFC wins ‘Africa Power Deal of the Year’
Africa Finance Corporation (AFC) has been named the winner of the Africa Power Deal of the Year in the Infrastructure Journal (IJ) Global Awards 2017 for its 80 megawatts peat to power project in Rwanda. The Project is expected to improve access to electricity for three quarters of the country’s population that is currently off…
AFC signs accreditation master agreement with GCF
Africa Finance Corporation (AFC) has signed an Accreditation Master Agreement (AMA) with the Green Climate Fund (GCF) in Seoul, South Korea, having received its accreditation in 2015.
AFC issues $500 million seven-year Eurobond
In his reaction, the President/CEO of AFC, Andrew Alli, said: “AFC has been committed for the last 10 years to investing in projects that drive sustainable growth and development in Africa.
AFC issues $150 million maiden Sukuk
The President and Chief Executive Officer of AFC, Andrew Alli, explained that the core values of Islamic finance and the need to invest ethically in assets that have a tangible positive social impact...
AFC welcomes 14th member country
Djibouti has become the newest member of Africa Finance Corporation (AFC), an international investment grade multilateral finance institution investing in key infrastructure projects across Africa.