Africa Finance Corporation

Company description

Africa Finance Corporation, a multilateral development finance institution, provides various financial services in Africa. It offers project financing services, such as debt, equity, and mezzanine financing, project development and management services, trade and equipment finance services, technical and financial advisory services, early-stage risk capital, corporate finance, and debt/equity syndication services, as well as structured products. The company serves power, transportation infrastructure, heavy industries, oil and gas, and telecom sectors.

Company details

City:
Lagos
Address:
3a Osborne Road, Ikoyi, Lagos State, Nigeria

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • September 21, 2021

    AFC announced Infrastructure Climate Resilient Fund

    Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, offering the Infrastructure Climate Resilient Fund (ICRF). AFC Capital Partners are planning to...

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  • November 06, 2019

    Tolaram Group signs loan agreement with China Development Bank for Lekki deep seaport project in Lagos

    The Singaporean conglomerate Tolaram Group has signed a loan agreement worth US$629 million with the China Development Bank for the development of the Lekki deep seaport project in Lago...

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  • August 07, 2019

    GSEZ Ports secures finance of EUR 305 million (US$ 340.50 million)

    Gabon Special Economic Zone Ports (GSEZ Ports) has secured long-term debt finance of EUR 305 million (US$ 340.50 million) from PIDG company and the Emerging Africa Infrastructure Fund (...

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  • January 03, 2019

    Nigeria's Infrastructure Credit Guarantee Company secures investment from Africa Finance Corporation

    Infrastructure Credit Guarantee Company Limited has announced the successful closing of a US$25 million equity investment from Africa Finance Corporation (AFC). In this primary transaction, AFC has b...

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  • May 30, 2016

    MOU signed Nigerian bridge PPP

    The consortium formed by Africa Finance Corporation (AFC), Access Bank and JP Morgan has recently signed a Memorandum of Understanding (MoU) to commit about N844 billion (US$4.23 billio...

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  • April 28, 2016

    Africa Finance Corporation launches Africa Projects Developers Initiative

    Africa Finance Corporation (AFC) alongside its development partners, has recently announced the launch of the Africa Project Developers Initiative (APDI).

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  • January 05, 2016

    Africa Finance Corporation appoints new Chief Risk Officer

    Africa Finance Corporation (AFC), a development finance institution for infrastructure projects in Africa, has appointed David Johnson to take up the position of Chief Risk Officer for the Corpor...

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  • December 05, 2014

    AFC and KfW IPEX Bank agree US$300m for infra financing

    Africa Finance Corporation (AFC) and Germany's international project and export finance bank KfW IPEX-Bank, have signed a US$300 million framework financing agreement.

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  • November 12, 2014

    Ten banks to finance Lekki port deal

    According to sources, the banks involved in the deal are the following:

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