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Global investors have committed a record $2 billion syndicated loan to the Africa Finance Corporation (AFC) for Africa’s infrastructure drive. In a statement on Thursday, the AFC said the facility signals strong confidence in the continent’s infrastructure growth prospects despite ongoing geopolitical tensions and volatility in international markets. The funding, AFC’s largest syndicated loan facility …

Africa Finance Corporation (AFC) said it acted 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). The corporation disclosed this in a statement issued on Tuesday, February 3. According to AFC, the first tranche of the bond, valued …

FG to Sell ₦600bn Bonds in May Auction

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