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Investment

AFC commits $100m to boost Africa tech venture capital

Africa Finance Corporation has approved a commitment of up to $100 million to invest in Africa-focused technology fund managers, in a move aimed at increasing local institutional participation in the continent’s fast-growing venture capital ecosystem. The AFC disclosed this in a statement released on Monday. The investment comes as Africa’s digital economy is projected to […]

News

AFC appoints Banji Fehintola as Executive Director

The Africa Finance Corporation has selected Banji Fehintola as its new Executive Director of Financial Services, beginning August 1. According to the Corporation, Banji offers considerable financial expertise and leadership experience to AFC’s strategic objectives, which aim to strengthen the Corporation’s financial condition and accelerate its growth trajectory. Fehintola, who joined the Corporation in 2008 […]