Africa Finance Corporation
Overview
Established in 2007, Africa Finance Corporation (AFC) is a pan-African multilateral development finance institution dedicated to addressing Africa's infrastructure deficit and fostering economic growth. The corporation provides debt and equity financing, project development, and technical and financial advisory services across five key sectors: power, transport and logistics, natural resources, telecommunications, and heavy industries. AFC's mission is to bridge the infrastructure investment gap through scalable, de-risked investments that attract global capital and deliver tangible development outcomes. AFC's investment strategy encompasses a wide range of stages, including growth, late stage, pre-IPO, buyout, turnaround, and distressed investments. The corporation's geographical focus spans numerous African countries, including Nigeria, Angola, the Democratic Republic of Congo, Zambia, Cabo Verde, Djibouti, Egypt, South Africa, Senegal, Mozambique, Ghana, Côte d'Ivoire, Kenya, Tanzania, Uganda, Ethiopia, Gabon, Cameroon, Liberia, and Sierra Leone. AFC's diverse portfolio reflects its commitment to fostering sustainable development across the continent. In 2024, AFC achieved a significant milestone by surpassing US$1 billion in total revenue for the first time in its history. This record performance underscores the corporation's effective financial management and its pivotal role in financing landmark projects across Africa. Notable initiatives include the Lobito Corridor, a cross-border railway development spanning Angola, the Democratic Republic of Congo, and Zambia, and a US$150 million investment in the Kamoa-Kakula Copper Complex in the DRC, one of the world's largest and most sustainable copper producers. These projects exemplify AFC's dedication to delivering impactful infrastructure solutions that drive economic growth and development across the continent.
Investment Focus
- Focus on infrastructure and industrial projects
- Commitment to sustainable development
- Alignment with AFC's strategic sectors and geographical focus
- Ability to deliver scalable and de-risked investments
- Attraction of global capital for development outcomes
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Africa Finance Corporation
What sectors does Africa Finance Corporation invest in?
Africa Finance Corporation invests in Real Estate, Telecommunications, Renewable Energy, Agriculture, Construction and Telecom Infrastructure, and is based in Lagos, Lagos, Nigeria. Africa Finance Corporation is listed as a institutional investor in the ConnectSafely investor database.
What stage does Africa Finance Corporation invest at?
Africa Finance Corporation backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 100M - 1.5B.
Which regions does Africa Finance Corporation invest in?
Africa Finance Corporation invests across Ghana, Kenya, Egypt, South Africa, Ethiopia and Djibouti.
Who are the partners at Africa Finance Corporation?
Team members listed for Africa Finance Corporation include Sameh Shenouda (Executive Director & Chief Investment Officer) and Ayaan Adam (Senior Director and Chief Executive Officer AFC Capital Partners).
What companies has Africa Finance Corporation invested in?
Africa Finance Corporation's portfolio includes ARISE Integrated Industrial Platforms, ARISE IIP, Infinity Power Holdings, Kamoa-Kakula Copper Complex, Cabeolica Wind Farm, Kpone Independent Power Project, Singrobo Hydro Power Plant and Main One Cable System.
How do I contact Africa Finance Corporation?
Africa Finance Corporation's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database