Despite Nigeria boasting one of Africa’s largest institutional capital pools, the effective deployment of its N22.8 trillion in pension assets remains hampered by credit and liquidity risks, according to the latest State of Africa’s Infrastructure (SAI) Report by the Africa Finance Corporation (AFC).
Africa’s banking sector remains under-leveraged despite holding an estimated $2.5 trillion in total assets, limiting its ability to finance long-term development projects, according to the latest State of Africa’s Infrastructure (SAI) Report published by the Africa Finance Corporation (AFC).
Africa added approximately 2,000 kilometres of new railway lines between 2015 and 2024, reflecting renewed interest in rail as a driver of connectivity and trade.
Africa Finance Corporation (AFC) has secured a US$400 million Shariah-compliant Commodity Murabaha facility, marking its return to the Islamic finance market for the first time in eight years.
The Africa Finance Corporation (AFC) has said it would lead the financing of Itana’s Digital Economic Zone, which is budgeted at around $100 million.
Nigeria has successfully launched its first-ever domestic dollar-denominated bond, seeing over $900 million in subscriptions.
The construction of the Kano-Niger rail project is set to lead to significant displacement, according to a report by Environmental Resources Management (ERM) and EnvAccord Limited.
In his new position Fehintola will oversee several functions including Treasury and Financial Institutions, Financial Advisory, Syndications, and the newly created Capital Mobilization and Partnerships.
Africa Finance Corporation has raised its largest ever debt facility, a 3-year $1.16 billion syndicated loan. The sum was raised in a financing round which saw participation from lenders across the Middle East, Europe and Asia
Africa Finance Corporation (AFC) has appointed Emeka Emuwa as the Chairman of its Board of Directors, a move signaling the corporation's commitment to strong leadership and strategic guidance.
Africa Finance Corporation has launched a $2 billion facility to aid bank-driven economic recovery in Nigeria and other African countries.
Guaranty Trust Bank Plc has begun fulfilling pledges towards the fight against Covid-19 with the provision of a 110-bed facility at Onikan
