The Africa Finance Corporation has secured a fresh $100 million loan facility to fund infrastructure and industrial projects across the continent, reinforcing its role as a key driver of Africa’s development financing landscape.
The funding was provided by the Export Import Bank of India, deepening an existing partnership between both institutions and highlighting growing financial ties between Africa and Asia.
Impact Newswire understands that the five year facility is designed to support the corporation’s mandate of financing critical infrastructure, including projects in power, transport, heavy industry and natural resources. These sectors are widely seen as essential to unlocking economic growth and industrialisation across Africa.
The deal comes at a time when global financial markets remain volatile and access to long term capital has become increasingly competitive. By securing funding from an export credit institution, AFC is positioning itself to diversify its funding sources beyond traditional capital markets while also improving the maturity profile of its debt.
AFC executives described the loan as a strategic milestone that strengthens liquidity and enhances the institution’s capacity to deliver high impact projects across multiple African countries. They noted that access to stable and flexible financing is critical for executing large scale infrastructure investments that often require long gestation periods.
The facility also builds on a previous $100 million financing agreement between AFC and the Indian lender completed in 2021, signalling continuity in their collaboration and a shared commitment to supporting Africa’s infrastructure gap.
Industry analysts say such partnerships are increasingly important as African development finance institutions seek alternative pools of capital to meet rising demand for infrastructure funding. With many governments facing fiscal constraints, institutions like AFC play a catalytic role in mobilising private and international capital for large projects.
Since its establishment in 2007, AFC has grown into one of the continent’s leading infrastructure investors, with billions of dollars deployed across dozens of countries. Its portfolio spans energy, transportation corridors, telecommunications and industrial assets, all aimed at boosting regional integration and economic resilience.
The latest loan is expected to further strengthen AFC’s ability to structure and finance complex projects, particularly those that can stimulate trade, create jobs and accelerate industrial development across Africa.
Emmanuel Abara Benson is a business journalist and editor covering artificial intelligence, global markets, and emerging technology.
He has previously worked with Business Insider Africa and Nairametrics, reporting on finance, startups, and innovation.
His work focuses on AI, digital economy, and global tech trends.
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