AFC Secures US$400 Million to Fuel Africa’s Infrastructure Evolution

Africa Finance Corporation (AFC) is proud to announce a groundbreaking funding milestone, having successfully raised US$400,000,000 to further our mission of catalyzing private sector-led infrastructure investment across the African continent. Established in 2007 as an investment grade, multilateral finance institution, AFC leverages specialist industry expertise and a robust investment approach that focuses on principal investments, financial and technical advisory, project structuring, and development. This injection of capital reinforces our commitment to addressing Africa’s critical infrastructure needs, spanning power, natural resources, heavy industry, transport, and telecommunications, all of which are fundamental to spurring sustainable economic growth. The funds raised will be instrumental in accelerating high-impact projects that not only generate economic returns but also enhance the quality of essential services available to communities across 43 member countries. By strategically investing in high-quality infrastructure assets, AFC continues to build on its impressive track record, having already invested US$13 billion across Africa since its inception. This new round of financing is a testament to the confidence of global investors in our vision and our proven capability to deliver transformative infrastructure projects that drive long-term development. As we embark on this next phase of growth, AFC remains dedicated to remaining at the forefront of fostering public-private partnerships that overcome investment challenges in emerging markets. Our purpose-driven investment strategy is designed to create lasting positive impacts on the continent’s economic landscape, improving connectivity, energy access, and industrial capacity for generations to come. This funding achievement marks a significant stride forward in our journey towards building a resilient and prosperous Africa.