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

Anand Gupta
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African-Development-Bank-AfDB (1)
Middle East & 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. […]
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