AFC secures US$100m from India Exim Bank, launches AFC Capital Partners

AFRICA – Africa Finance Corporation (AFC), the infrastructure solutions provider on the continent, received a US$100 million credit line from the Export-Import Bank of India (India Exim Bank) to develop the critical infrastructure required to rebuild Africa’s economies in the wake of the Covid-19 pandemic. Proceeds from the 10-year loan will support AFC’s continued mission to bridge Africa’s infrastructure gap and drive the sustainable economic growth that’s urgently required on the continent. India Exim Bank, the sovereign export credit agency of India, has actively sought opportunities to co-finance projects in…

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