Energy, Oil & Gas

AFC to launch exploration investment company to unlock Africa’s mineral potential

Africa Finance Corporation (AFC) plans to launch a dedicated mineral exploration investment company within the next 12 months to address the continent’s exploration funding gap, boost domestic production and strengthen control over mineral resources....

Energy, Oil & Gas

AFC supports $550m bond to clear Nigeria’s power sector debt

Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, has announced its role as Co-Financial Adviser on the close of a ₦728.9 billion ($550 million) Series 2 power sector bond issued by NBET Finance Company under Nigeria’s Presidential Power Sector Financial Reforms Programme (PPSFRP)....