Tag: AFC

News

AFC to invest $3b in Africa’s mining, trade sectors

Africa Finance Corp. is set to invest over $3 billion across Africa next year, focusing on enhancing the region’s mining and trade sectors. AFC said it plans to prioritize advancing existing infrastructure projects, such as the multimillion-dollar railway linking Zambia’s mines to the Lobito port in Angola. The institution is also seeking to invest in […]

News

AFC signs $40m deal with Afreximbank, King’s College Hospital

In order to build the African Medical Centre of Excellence in Abuja, King’s College Hospital and the Africa Finance Corporation inked a $40 million equity investment agreement on Wednesday. According to the Punch, A statement from the infrastructure solutions provider, the AMCE program aims to create the first of many world-class medical centers of excellence […]

FG, AFC partner on data collection to advance mining
Business

FG, AFC partner on data collection to advance mining

The Federal Government, through the Ministry of Solid Minerals Development, has collaborated with the Africa Finance Corporation on data collection to de-risk mining investment. The Punch reported that the alliance has been designed to reposition and clean up the solid minerals industry. The Minister for Solid Minerals, Dr. Oladele Alake, said this during the visit of the President/CEO […]