The Africa Finance Corporation (AFC), a leading pan-African infrastructure solutions provider, has successfully completed its largest-ever debt facility, raising US$1.5 billion through a landmark syndicated loan. The deal, finalized in October 2025, marks a major milestone in AFC’s financing history and reaffirms global confidence in Africa’s infrastructure investment potential.
Originally launched at US$1.3 billion, the three-year facility was oversubscribed due to strong demand from a diverse pool of international lenders spanning the Middle East, Africa, Asia, and Europe. New participants included the Bank of Communications, Burgan Bank, Export Development Bank of Egypt, and Hua Nan Bank, underscoring growing investor appetite for Africa’s development opportunities.
Proceeds from the facility will be used for general corporate purposes, strengthening AFC’s balance sheet and expanding its capacity to finance critical infrastructure and industrial projects across the continent. The Corporation secured more favorable pricing compared to its US$1.16 billion syndicated loan closed in 2024, reflecting its solid credit profile and strong market reputation.
The transaction was coordinated by a high-profile syndicate of global arrangers, including Abu Dhabi Commercial Bank, Commerzbank AG, and Standard Chartered Bank as Global Coordinators and Lead Arrangers. Additional key partners included Bank of China, First Abu Dhabi Bank, Mashreqbank, MUFG Bank, Rand Merchant Bank, Standard Bank of South Africa, Société Générale, and Sumitomo Mitsui Banking Corporation.
Speaking on the milestone, Banji Fehintola, AFC’s Executive Board Member and Head of Financial Services, described the deal as a powerful endorsement of the institution’s credibility. “This landmark transaction reinforces AFC’s standing in global capital markets and demonstrates our ability to mobilize capital at scale for Africa’s growth,” he said.
The Corporation has also deepened its funding diversification strategy this year, securing long-term financing from development finance institutions, bilateral partners, and commercial banks. Earlier in 2025, AFC closed an AED 937.5 million Sustainability-Linked Term Loan Facility to strengthen its partnerships within the United Arab Emirates.
Established in 2007, the AFC’s mission is to catalyze infrastructure-led industrialization across Africa through expert project structuring, advisory, and investment. Over the past 18 years, it has invested more than US$15 billion in 36 African countries, focusing on energy, transport, natural resources, heavy industry, and telecommunications.
Today, AFC’s network spans 46 member countries, positioning it as a central player in driving sustainable economic growth and industrial transformation across the continent.
The successful completion of this US$1.5 billion facility not only strengthens AFC’s financial capacity but also highlights its pivotal role in bridging Africa’s infrastructure financing gap and connecting global capital to the continent’s development ambitions.