Africa Finance Corporation Acts as Financial Adviser on Landmark Nigeria’s Presidential Power Sector Financial Reforms Programme

Lagos, Nigeria// — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has announced its role as Co-Financial Adviser on the successful issuance of the inaugural tranche of bonds under the Federal Government of Nigeria’s Presidential Power Sector Financial Reforms Programme (“PPSFRP” or the “Programme”).

AfDB Approves New Program to Help African Countries Turn Energy Promises into Power for Millions

Ivory Coast// — The Board of Directors of the African Development Bank (AfDB) (www.AfDB.org) has approved a new USD 3.9 million, two-year technical assistance project to support African countries in the implementation of their National Energy Compacts into action under Mission 300, the AfDB–World Bank initiative to connect 300 million Africans to electricity by 2030.