Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has released its annual Development Impact Report.

The report reveals that AFC-backed projects have contributed over $50 billion to Gross Domestic Product (GDP) and created 7 million jobs across 36 countries.

It also highlights the establishment of Infinity Power, the continent’s largest and fastest-growing renewable energy platform, which is now delivering 1.4 GW of clean electricity and on track to reach 3 GW by 2030.

The report tracks outcomes across 166 projects, drawing from over 250,000 data points validated by a rigorous methodology.

AFC’s development model, grounded in its Theory of Change, prioritises four pillars: industrialisation, energy transition, regional integration, and digital inclusion.

Key cumulative metrics include $14 billion in capital mobilised, 4.1 million homes connected to electricity, and 8.8 million tons of carbon emissions avoided annually.

The report also details broad social outcomes, including inclusive employment across gender and age, significant community-level impacts, and digital inclusion initiatives like M-KOPA.

AFC’s model links strategic project development with exit discipline, crowding in private capital once projects are commercially viable.

Notable investment outcomes include Infinity Power/Lekela acquisition, the Red Sea Power project, the Lobioto Rail Corridor, Takoradi Port exit, and Kamoa-Kakula, the world’s lowest-emission copper mine.

All data is aligned with international benchmarks, including the UN Sustainable Development Goals, GIIN IRIS+, and the Joint Impact Model.

AFC’s blended finance model offers a replicable approach to accelerating Africa’s infrastructure development.