Africa Finance Corporation Archives

Business

Africa Finance Corporation Launches US$2bn Facility to Support Economic Recovery & Resilience in Africa

AETOSWireMay 13, 2022May 13, 2022

by AETOSWireMay 13, 2022May 13, 202206

ABUJA, Nigeria: In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching a US$2billion facility to...

Business

Africa Finance Corporation: Three steps for Africa to combat climate change

AETOSWireMay 13, 2022

by AETOSWireMay 13, 202207

LAGOS, Nigeria: With hopes for countering global warming pinned on progress at the upcoming COP27 UN Climate Change Conference in Egypt, a new report from...

Finance

Africa Finance Corporation Onboards All West African Countries as Members

AETOSWireNovember 9, 2021November 9, 2021

by AETOSWireNovember 9, 2021November 9, 20210175

NIAMEY, Niger–(BUSINESS WIRE/AETOSWire)– Africa Finance Corporation (AFC) is delighted to welcome the Republic of Niger as its 33rd member state. The Corporation has now achieved...

Business

Africa Finance Corporation Plans $500 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

AETOSWireSeptember 14, 2021September 14, 2021

by AETOSWireSeptember 14, 2021September 14, 20210161

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)– As part of its drive to address Africa’s vulnerability to climate risk, Africa Finance Corporation (AFC) has created an independent asset management...

Finance

Africa Finance Corporation Receives a US$100M Loan From India Exim Bank to Spur Post-Covid Recovery

AETOSWireSeptember 12, 2021September 12, 2021

by AETOSWireSeptember 12, 2021September 12, 20210194

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)– Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has received a US$100 million credit line from the Export-Import...

Business

Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US$1 Billion of Investments

AETOSWireSeptember 9, 2021September 9, 2021

by AETOSWireSeptember 9, 2021September 9, 20210181

CAIRO–(BUSINESS WIRE/AETOSWire)– Africa Finance Corporation (AFC) has welcomed Egypt as its newest member state. Egypt’s Prime Minister, H.E. Dr Mostafa Madbouly, committed North Africa’s most...

Finance

Africa Finance Corporation Tops 30 Member States With Burkina Faso, DRC & Morocco Acceding

AETOSWireJune 10, 2021June 10, 2021

by AETOSWireJune 10, 2021June 10, 20210186

More than half of African nations are now members of AFC LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)– In a milestone for its pan-Africa mission, Africa Finance Corporation, one...

Finance

Outlook on Africa Finance Corporation’s Rating Raised to Stable by Moody’s

AETOSWireJune 6, 2021June 6, 2021

by AETOSWireJune 6, 2021June 6, 20210171

Moody’s improves AFC’s outlook to stable from negative, affirming A3 long-term issuer and senior unsecured ratings Stable outlook “underlines the resilience of AFC’s credit profile...

Business

Africa Finance Corporation issues US$750 million 7-year Eurobond at a yield of 2.99%

AETOSWireApril 25, 2021April 25, 2021

by AETOSWireApril 25, 2021April 25, 20210105

LAGOS, Nigeria: In a sign of robust global investor interest in the continent, Africa Finance Corporation, a multilateral development financial institution dedicated to infrastructure financing in...

Business

Africa Finance Corporation’s Total Assets Grow by 20% to US$7.36 Billion in 2020

AETOSWireApril 12, 2021April 12, 2021

by AETOSWireApril 12, 2021April 12, 2021086

LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)– Africa Finance Corporation, one of Africa’s biggest investors in infrastructure development, has delivered a 20% growth in total assets during the 2020...

Tag : Africa Finance Corporation

Africa Finance Corporation Launches US$2bn Facility to Support Economic Recovery & Resilience in Africa

Africa Finance Corporation: Three steps for Africa to combat climate change

Africa Finance Corporation Onboards All West African Countries as Members

Africa Finance Corporation Plans $500 Million Infrastructure Climate Resilient Fund under newly created asset management division, AFC Capital Partners

Africa Finance Corporation Receives a US$100M Loan From India Exim Bank to Spur Post-Covid Recovery

Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US$1 Billion of Investments

Africa Finance Corporation Tops 30 Member States With Burkina Faso, DRC & Morocco Acceding

Outlook on Africa Finance Corporation’s Rating Raised to Stable by Moody’s

Africa Finance Corporation issues US$750 million 7-year Eurobond at a yield of 2.99%

Africa Finance Corporation’s Total Assets Grow by 20% to US$7.36 Billion in 2020

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Business

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Fashinza raises $100m Series B to create sustainable supply chain for global fashion industry

The Pearl Initiative and Schneider Electric engage with Bahraini youth on the benefits of an inclusive workplace

Lifestyle

Bernhard H. Mayer unveils new Empire Collection of Luxury Timepieces

Bravado Gaming announces its debut in Middle East, Africa gaming scene

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Finance

Investment tips for NRIs to get higher returns and financial security

Investment tips for NRIs to get higher returns and financial security

ANGHAMI REPORTS FULL YEAR 2021 FINANCIAL RESULTS WITH TOTAL REVENUE OF $35.5 MN, UP 16% YEAR-OVER-YEAR, AND PRELIMINARY Q1 2022...

Tech

Microsoft for Startups MEA’s GrowthX Accelerator cohort 2 reaches halfway mark

InMobi Wins Big at MMA Smarties MENA Awards

BEDU and Omada announce a partnership for the launch of Web3 and NFT e-commerce system