Africa Finance Corporation
Budget
€10 — €0
EP Access
0
accredited persons
Staff
3
1.5 FTE
EU Grants
None
Mission & Goals
AFC was established in 2007 via a treaty of African government to catalyze pragmatic infrastructure investment across Africa. The Corporation vision is to become Africa’s leading infrastructure solutions provider with a mission to foster economic growth and industrial development of African countries, while delivering a competitive return on investment to our shareholders. Core infrastructure sectors include power, natural resources (oil & gas, and mining), transport and logistics, heavy industries, technology and telecommunications. AFC has invested over US$15 BN across 36 countries. Membership has grown to include 45 African countries, representing 83.0% of African states. This makes AFC the only African DFI to achieve this level of representation within such a short timeframe, covering all major regions and major economies on the continent. Rated A3 credit rating by Moody’s for 10 consecutive years—a testament to our robust business model and global credibility.
EU Legislative Interests
NA
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
Organization of Economic Cooperation Development (OECD) https://www.oecd.org/ International Development Finance Club (IDFC) https://www.idfc.org/ Multilateral Cooperation Center for Development Finance’s (MCDF) https://www.themcdf.org/en/news-activities/news/2023/Africa-Finance-Corporation-accredited-as-new-MCDF-Implementing-Partner.html African Union https://au.int Finance in Common Summits https://financeincommon.org/
Organisation Members
45 of 54 African sovereigns are members of AFC https://www.africafc.org/our-approach/the-solutions-we-deliver/principal-investing/countries
Additional Information
AFC has not spent anything that relates to the Register's activities.
Commissioner Meetings
No recorded meetings with EU commissioners.