Africa Finance Corporation secures $1.16bn syndicated loan, its largest debt facility, from global investors to support infrastructure development in Africa.
Africa Finance Corporation (AFC) secured its largest-ever debt facility, a $1.16bn syndicated loan, upsized from $1bn due to high demand. The loan attracted new lenders from Asia, Europe, and the Middle East, highlighting global investor confidence in AFC. The funds will be used to support AFC's mission to deliver sustainable solutions and close Africa's infrastructure gap, driving economic growth and industrialization.
March 26, 2024
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