Africa Finance Corporation Raises US$400m Funding To Support Post-Pandemic Recovery

NIGERIA – Africa Finance Corporation (AFC), a Pan-African development financial institution, has raised US$400 million in funds to support the post-pandemic recovery through critical development of infrastructure. The 3-year facility, the first from AFC since 2018, was increased from an initial target of US$300 million as strong interest from investors led to the offering being 2.5 times oversubscribed. However, … Continue reading Africa Finance Corporation Raises US$400m Funding To Support Post-Pandemic Recovery