Africa Finance Corporation issues US$500 million 7 Year Eurobond
Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured Eurobond which carries a coupon of 3.875% was priced to yield 4.000% and matures in April 2024. The Eurobond received strong global interest, with an order book of US$2.4 billion, […]
Africa Finance Corporation Partners with Hogan Lovells for an Investment Summit in Nigeria
Leading global law firm, Hogan Lovells, will be the headline legal sponsor at AFC Live, the key industry infrastructure investment summit hosted by the Africa Finance Corporation (AFC), that will take place in Abuja on the 15th and 16th May. A number of high level participants from both government and the private sector are expected […]
Africa Finance Corporation issues US$150 million maiden Sukuk
Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated ever Sukuk issuance from an African institution. Following high levels of investor interest, the initial target of US$100 million was more than twice oversubscribed, resulting in the transaction being upsized to US$150 million and […]
Africa Finance Corporation Arranges up to US$425 million loan facility for oil and gas producer New Age
Africa Finance Corporation (‘AFC’) is acting as lead arranger for an up to US$425 million senior mezzanine facility for New Age (African Global Energy) Limited (‘New Age’), a privately held oil and gas exploration, development, and production company with assets primarily across Africa, to enable the company to further develop its existing assets and expand […]
Africa Finance Corporation Receives US$150 Million from KfW Development Bank
Africa Finance Corporation (AFC) is pleased to announce its acceptance of a US$150 million 15 year loan facility from KfW [Development Bank] (KfW). The loan agreement was signed today in London by Andrew Alli, CEO of AFC, and Jan Martin Witte, Head of Division for Infrastructure, of KfW. The funds will be used to refinance […]
Tanzania International Forum For Investments, Dar es Salaam, United Republic of Tanzania
The Tanzania International Forum For Investments is scheduled to take place at the Julius Nyerere International Convention Centre in Dar es Salaam, 12-14 July 2016. With confirmed funding commitments amounting to US$1 billion and confirmed participation from global investors and funding institutions in control of more than US$200 billion, the Tanzania International Investment Forum For […]
