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Africa’s $4 trn domestic capital still unlinked to development financing
Institutional funds can unlock development projects __AFC Africa’s domestic capital base has grown to a level that now surpasses external financing flows over the past decade, but much of this wealth remains locked in institutional funds and is yet to…
AFC enters Canadian market for $100m facility from Findev
The Africa Finance Corporation (AFC) has secured a $100 million, 10-year loan facility from FinDev Canada; marking its first-ever transaction in the Canadian market and FinDev Canada’s inaugural infrastructure financing in Sub-Saharan Africa. The landmark agreement, according to a statement…
Afri-6 fuel standard puts modular refinery investments at risk
Dormant institutional funds must be unfrozen to fund petroleum investments Africa Energy Bank still on course for activation by December Sopuruchi Onwuka Imposing global quality standards for Nigeria’s fledgling domestic midstream petroleum industry migh prove counterproductive by draining the commercial…
