Browsing: Africa Finance Corporation

Egypt has secured $250 million to aid its battered economy after the elections held in 2023. The country has been…

In place of resolve to take responsibility for per capita emissions, polluting nations are instead pivoting towards carbon offsets to’…

Africa’s infrastructure gaps hinder populations from accessing healthcare, education, trade hubs, and economic opportunities. Africa has only 53 per cent…

The Lobito Corridor represents a significant transport infrastructure project in Africa. The project will now become a reality with the backing of the US. Moreover, this is one of the projects through which Washington seeks to strengthen its investment ties on the continent. This project entails a transportation network that links northwest Zambia to Angola’s Benguela railway, ultimately connecting to the strategic Lobito port, the second largest seaport in oil-rich Angola.

Infrastructure solutions provider, Africa Finance Corporation has signed a MoU with Morocco’s Ministry of Economy and Finance to fund project…

Africa’s private equity landscape continues to attract investment. The operating environment, albeit still turbulent, continues to improve. Granted, the pace of improvement is higher in some countries than others, but overall there is promise of a conducive climate for business. 

The enabling environment, coupled with the accelerated digital infrastructure growth, inspires momentum in the private sector contributing to the growing middle class. This will, in turn, lead to improved employment opportunities.

The Africa Finance Corporation(AFC) has advanced $20 million funding for the construction of Uganda’s crude oil refinery, paving the way…