Africa Finance Corporation

Established in 2007, Africa Finance Corporation (AFC) is a pan-African multilateral development finance institution dedicated to addressing Africa's infrastructure deficit and fostering economic growth. The corporation provides debt and equity financing, project development, and technical and financial advisory services across five key sectors: power, transport and logistics, natural resources, telecommunications, and heavy industries. AFC's mission is to bridge the infrastructure investment gap through scalable, de-risked investments that attract global capital and deliver tangible development outcomes.

AFC's investment strategy encompasses a wide range of stages, including growth, late stage, pre-IPO, buyout, turnaround, and distressed investments. The corporation's geographical focus spans numerous African countries, including Nigeria, Angola, the Democratic Republic of Congo, Zambia, Cabo Verde, Djibouti, Egypt, South Africa, Senegal, Mozambique, Ghana, Côte d'Ivoire, Kenya, Tanzania, Uganda, Ethiopia, Gabon, Cameroon, Liberia, and Sierra Leone. AFC's diverse portfolio reflects its commitment to fostering sustainable development across the continent.

In 2024, AFC achieved a significant milestone by surpassing US$1 billion in total revenue for the first time in its history. This record performance underscores the corporation's effective financial management and its pivotal role in financing landmark projects across Africa. Notable initiatives include the Lobito Corridor, a cross-border railway development spanning Angola, the Democratic Republic of Congo, and Zambia, and a US$150 million investment in the Kamoa-Kakula Copper Complex in the DRC, one of the world's largest and most sustainable copper producers. These projects exemplify AFC's dedication to delivering impactful infrastructure solutions that drive economic growth and development across the continent.