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AFC Secures US$250 Million Capital Loan From US Government’s International Development Finance Corporation

January 5, 2021/Aetoswire (BUSINESS WIRE)– Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure solutions provider in Africa, today announces it has successfully secured a US$250 million tier-2 capital loan from U.S. International Development Finance Corporation (DFC). Formed in December 2019, DFC is the United States Government’s development bank […]

AfDB’s Board of Directors approves the Bank’s borrowing program for 2021

The Bank will continue to promote the development of African Capital markets with the issue of local currency denominated debt to facilitate the financing of its local currency operations December 20, 2020/AfDB The 2021 Borrowing Program of the African Development Bank (www.AfDB.org) has been approved by the Board of Directors […]

Africa must risk capital for its youth, Adesina urges

Adesina engaged in discussion which covered three areas: the current state of affairs with respect to COVID-19 and climate change, stimulus policies and recovery, and the role of the private sector in terms of recovery December 17, 2020/AfDB Africa must leverage investment to unleash the potential and ingenuity of its […]