Lagos, Nigeria, October 18, 2017//- Africa Finance Corporation (AFC) has this month become the 30th member of the Master Cooperation Agreement (MCA) at the World Bank’s Annual Meetings in Washington DC.
Tag: Africa Finance Corporation (AFC)
AFC Provides US$28M Loan facility to Tunisia’s Topic SA
Lagos, Nigeria, 4 July 2017//- Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, announced it is to provide a US$28 million subordinated loan facility for the development of Topic SA’s (Topic) Halk El Menzel offshore oil concession block (Helm Project) in Northern Tunisia.
AFC Receives $50 M From Islamic Bank for Project Financing
Africa Finance Corporation (AFC) has received a US$50 million 15 year line of financing, with a 13 year six month repayment period, from the Islamic Development Bank (IDB).
AFC accredited partner Institution for Green Climate Fund
Africa Finance Corporation (AFC) has been accredited as a partnering Institution to the Green Climate Fund (GCF), making it the fund’s first African development finance institution. AFC was invited by the GCF to consider becoming an accredited institution, and following submission of its application in early 2015, AFC has this month attained full accreditation. Accreditation […]