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Africa Finance Corporation (AFC), an investment multilateral finance institution has issued a CHF bond that matures in 2023 and which has already oversubscribed.

AFC invests in high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications.

To date, the Corporation has invested over USD6.6 billion in projects within 30 countries across Africa.

This latest bond issue has attracted great investment across Europe with AFC saying ‘it received strong investor interest from private banks and asset managers, and the bond has experienced an over subscription.’

“The response to our second Swiss Franc bond issue has been overwhelmingly positive with order-books three-times oversubscribed,” said Samaila Zubairu, President& CEO of AFC.

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The CEO also pointed out that ‘the strong appetite for AFC bonds is further testimony of investor confidence in …