Africa Finance Corporation (AFC)
in Short

Africa Finance Corporation $2 billion to support economic recovery on the continent

Africa Finance Corporation (AFC), a multilateral institution specializing in infrastructure financing in Africa, announced in a May 12 statement the launch of a $2 billion lending facility to support post-covid economic recovery and resilience on the continent.

The facility will be disbursed through AFC loans to commercial banks, regional development banks and central banks.

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