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AFC Secures $255M to Advance Sustainable Infrastructure Across Africa - Innovation Village | Technology, Product Reviews, Business
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The Africa Finance Corporation (AFC), a pan-African financial institution specializing in infrastructure development, has secured a sustainable funding of $255 million (937.5 million dirhams) from five banks in the United Arab Emirates. This loan, announced on Monday, July 21, 2025, marks the first such collaboration between the AFC and Emirati financial institutions. $255 million has been granted to the Africa Finance Corporation to support sus…
The African Finance Corporation (AFC) has obtained a green loan of 937.5 million DDA, or about 255 million USD, from a group of large financial institutions based in the United Arab Emirates. This financing, the first of its kind for the AFC, is directly linked to sustainability objectives, allowing the pan-African institution to take a step...
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AFC secures $255M to advance sustainable infrastructure across Africa - Innovation Village | Technology, Product Reviews, Business
The Africa Finance Corporation (AFC) has secured a landmark $255 million loan facility from a consortium of leading banks in the United Arab Emirates, marking its first-ever entry into the UAE Dirham loan market. This strategic move not only diversifies AFC’s funding sources but also reinforces its commitment to sustainable infrastructure development across Africa. “This facility represents a key milestone in AFC’s journey,” said Banji Fehintola…
AFC secures $255M loan to power Africa’s green infrastructure
The Africa Finance Corporation (AFC) has secured $255 million facility from a consortium of banks in the United Arab Emirates region, signaling a bold turn in green capital on the continent. The deal marks AFC’s first entry into the UAE Dirham loan market. “This facility represents a key milestone in AFC’s journey,” said Banji Fehintola, Executive Board Member and Head of Financial Services at AFC. “By tapping the UAE Dirham market and embeddi…
Africa Finance Corporation Secures Inaugural AED 937.5 Million Sustainability-Linked Loan Backed by United Arab Emirates (UAE) Banks
The AED 937.50 million (US$255 million) facility reflects AFC’s commitment to use financial innovation tools to optimise funding for transformative infrastructure DUBAI, United Arab Emirates, July 21, 2025/APO Group/ –Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has secured an inaugural Sustainability-Linked Term Loan Facility, marking a significant milestone in the Corporation’…
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