Tag: Africa Finance Corporation
Export-Import Bank of China Loan to Boost Trade Finance in Africa
By Abdi Ali Published September 26, 2023 Africa Finance Corporation (AFC) has signed a three-year US$300 million loan facility agreement with Export-Import Bank of China (CEXIM) that is expected to drive increased trade finance and investment across Africa and foster economic growth and development. The two institutions have collaborated since…
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Africa Finance Corporation’s Investment to Transform Petroleum Product Transportation
By Africa Finance Corporation Published August 15, 2023 Africa Finance Corporation (AFC) has invested US$95.25 million in Mahathi Infra Uganda Limited to finance the construction of two self-propelled barges for operation on Lake Victoria, providing a more efficient and less carbon intensive alternative to traditional trucking. The financing will also…
Read MoreAfrica Investment Forum 2020 Cancelled
By Abdi Ali Published December 4, 2020 An annual three-day investment marketplace for Africa that was scheduled for November 2020 has been postponed. The founding partners of Africa Investment Forum (AIF) that was to have been held in South Africa’s commercial capital, Johannesburg, have pushed the event to 2021 due…
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