With construction set for late 2025, Uganda’s $4B refinery will fuel growth, enhance exports, and strengthen East Africa’s energy future Uganda’s oil refinery is scheduled to begin operations in the fourth quarter of 2029 or the first quarter of 2030,…
By combining Afreximbank’s financial expertise with strategic oversight of ISA, the partnership seeks to create a robust pipeline of bankable projects essential for closing South Africa’s infrastructure gap African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has marked a significant milestone in infrastructure…
AFC’s earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for…
These accolades underscore AFC’s pivotal role in landmark transactions that drive sustainable development and economic growth across the region Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has been recognized for its outstanding contributions to Africa’s financial and…
The new Abusera International Airport will complement Ethiopia’s recently expanded Bole International Airport, which is expected to reach its annual 25 million passenger capacity limit soon The African Development Bank and Ethiopian Airlines Group have signed a Letter of Intent…
AFC’s diverse membership spans all regions of Africa, reinforcing its role as a leading infrastructure solutions provider for Africa Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has welcomed the Union of Comoros as its 44th member country, reflecting…
The communal spirit of the Maasai is reflected in the hotel’s design, with shared spaces like outdoor dining areas and a central bonfire encouraging interaction and connection Tribute Portfolio – part of Marriott Bonvoy’s growing collection of characterful, independent hotels…
The Bank Group’s mission to Congo explored new funding opportunities for key sectors, including energy, digital infrastructure, and roads Talks held by the African Development Bank Group in the Republic of Congo from 24 – 28 February 2025 marked a…
The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million The African Development Bank and the government of Chad have signed…
This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750 million Infrastructure Climate Resilient Fund (ICRF). This landmark initiative will accelerate…
Telecom firm, Airtel Uganda, has handed over Shs 34.8 billion to the Uganda Communications Commission (UCC) in fulfillment of the Communications Act, aimed at bolstering the nation’s communication infrastructure. This contribution comes on the heels of Airtel’s exceptional financial performance…