Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully raised a record $2 billion syndicated loan.
This underscores strong global investor support for AFC’s rapid buildout of integrated infrastructure and industrial platforms shaping Africa’s next phase of economic growth.
The transaction was initially launched at $1.6 billion before being upsized to $2 billion. Participation from banks across Asia Pacific (35 percent), Europe (35 percent), the Middle East (25 percent) and Africa (5 percent) reflects broad international support for AFC’s differentiated investment model and long-term strategy, achieved against a backdrop of heightened geopolitical uncertainty and market volatility.
The debt facility was led by Barclays, Commerzbank, First Abu Dhabi Bank PJSC, and FirstRand Bank, acting through its Rand Merchant Bank division (London Branch), as Global Coordinators and Initial Mandated Lead Arrangers and Bookrunners.
Additional Initial Mandated Lead Arrangers and Bookrunners included Abu Dhabi Commercial Bank PJSC, Bank of China (Johannesburg and London Branches), Emirates NBD, Industrial and Commercial Bank of China Limited (London Branch), Mashreqbank PSC, Mizuho Bank, SMBC Bank International, Société Générale Côte d’Ivoire, Société Générale S.A, Société Générale Sénégal, Standard Chartered Bank (Hong Kong) Limited, and the National Bank of Ras Al Khaimah (P.S.C).
