1. Home
  2. Tag "African Development Bank approves US$50 million equity investment in Africa Finance Corporation to support infrastructure projects in Africa"

African Development Bank approves US$50 million equity investment in Africa Finance Corporation to support infrastructure projects in Africa

The African Development Bank has approved an equity investment of US$50 million in Africa Finance Corporation (AFC) − a pan-African development finance institution established in 2007.  This equity investment aims to foster strategic partnerships with a certain number of African DFIs that have a comparative advantage at regional or sub-regional levels in certain strategic sectors. […]

PROJECTS: Iraq in talks with Total, other firms for solar power projects