Also known as: AFC
Africa Finance Corporation — development finance institution providing analysis on African infrastructure and fuel gaps, contracted to arrange financing for Kenya's airport expansion.
Verbatim sentences from the source article.
Citizen Digital
… Africa currently imports more than 70 percent of its refined fuel and some $230 billion worth of essential goods, including food, plastics, steel, and fertiliser each year, Africa Finance Corporation (AFC) said in a report in April. …
Nigeria's Dangote raises Ksh.323B to expand Africa's largest refineryThe Standard
… The State of Africa’s Infrastructure Report by the Africa Finance Corporation (AFC) notes that by 2040, the continent will be facing an annual shortage of 86 million tonnes of petroleum products. …
Lamu refinery eyes Africa's 86 million tonnes fuel import gapThe Standard
… By comparison, the Africa Finance Corporation (AFC), today one of Africa’s leading infrastructure investment institutions, commenced operations with an initial paid-up capital of approximately US$1 billion before leveraging that capital to mobilise substantially larger pools of i …
How revolutionary National Infrastructure Fund will change KenyaThe Standard
… An analysis by Africa Finance Corporation (AFC) has documented how growth in domestic debt has put the capital markets of economies on the continent in a chokehold. …
How local borrowing is stifling Kenya's infrastructure capital needsCitizen Digital
… REUTERS/Thomas Mukoya/File Photo Audio By Vocalize Kenya has contracted Africa's Trade and Development Bank and Africa Finance Corporation to arrange financing for a $1.2 billion expansion of its main airport in Nairobi, the transport minister said.The East African nation is ai …
Kenya taps TDB, AFC to arrange $1.2 billion airport expansion financeCapital News
… The EU, European Investment Bank, African Development Bank, Africa Finance Corporation, World Bank and the United States are all supporting the initiative in partnership with Angola, Zambia and the DRC. …
Global Gateway Emerges as Europe’s Strategic Alternative to China’s Belt and Road InitiativeCitizen Digital
… ort gap will be worth almost three Dangote refineries by 2040, the AFC said © PIUS UTOMI EKPEI / AFP Audio By Vocalize The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for an 86 million tonne fuel shortfall by 2040, the Africa Finance Corporation …
Africa faces 86 million tonne fuel shortfall by 2040: reportThe football federations of the United States and Canada, two of the 2026 World Cup hosts, backed a statement from three confederations criticising FIFA president Gianni Infantino and calling for meaningful change to strengthen FIFA's governance, transparency and accountability.
10 hours ago · Citizen Digital →
The football federations of the United States and Canada, two of the 2026 World Cup hosts, backed a statement from three confederations criticising FIFA president Gianni Infantino and calling for meaningful change to strengthen FIFA's governance, transparency and accountability.
10 hours ago · Citizen Digital →
FIFA president Gianni Infantino withdrew his plan to raise private investment for a new commercial subsidiary to run World Cup operations after global backlash. UEFA, CONCACAF, and AFC released an open letter criticizing his leadership style, despite calls for unity.
17 hours ago · Citizen Digital →
FIFA president Gianni Infantino faced a joint letter from UEFA, CONCACAF, and AFC declaring that football "belongs to no individual," following his withdrawal of a plan to allow private investment in World Cup competitions after global backlash.
20 hours ago · Citizen Digital →
Three continental football confederations issued a joint letter accusing FIFA president Gianni Infantino of placing himself above the collective after his failed attempt to bring private investment into World Cup competitions. The confederations wrote that "leadership in football is not a possession" and that "when trust is broken through deception," the duty of leadership has been abandoned.
10 August 2026 · The Standard →
UEFA said Thursday it would boycott the World Cup if FIFA proceeds with private investor proposals, stating that no UEFA national teams will participate in any FIFA competition unless the proposal is abandoned and FIFA gives binding assurances it will never open governance or competitions to private ownership.
31 July 2026 · Citizen Digital →
Nigeria's Dangote mega-refinery, Africa's largest at 650,000 barrels-per-day capacity, has secured $2.5 billion in private equity investment to fund expansion into east Africa. The investment, believed to be the largest publicly disclosed private investment in Africa, precedes a planned initial public offering later in the year.
24 July 2026 · Citizen Digital →
Africa's petroleum product demand is expected to grow 56 per cent by 2040, leaving the continent facing an annual shortage of 86 million tonnes of refined fuels, according to the Africa Finance Corporation's State of Africa's Infrastructure Report. The planned Lamu refinery is positioned to help bridge this supply gap.
20 July 2026 · The Standard →
Kenya has established the National Infrastructure Fund with approximately Sh347 billion capitalised from partial privatisation of Safaricom and Kenya Pipeline Company, positioning it as one of Africa's largest pools of development capital. The Fund aims to mobilise long-term equity capital and systematically develop nationally significant infrastructure through commercially viable enterprises.
13 July 2026 · The Standard →
An analysis by Africa Finance Corporation shows that Kenya's uncontrolled appetite for domestic borrowing is hampering the government's ability to source funds for infrastructure projects, as growth in domestic debt has constrained the capital markets.
6 July 2026 · The Standard →
An opinion piece argues that mediators have wrongly framed the DRC crisis as an interstate dispute between the DRC and Rwanda, when the real driver of regional instability is the inter-Congolese conflict itself. The author contends that unrest within Congo provokes interstate tensions rather than the reverse, and that Rwanda and the DRC were previously cooperating on economic matters including gold processing.
2 July 2026 · The Standard →
Kenya has contracted the Trade and Development Bank and Africa Finance Corporation to arrange $1.2 billion in financing for expanding Jomo Kenyatta International Airport's annual passenger capacity to 22 million. The project, expected to cost a maximum of 154.2 billion shillings, will take three years to complete and will be funded through airport-based revenue streams alongside Development Financial Institutions and commercial banks.
21 June 2026 · Citizen Digital →
The European Union launched the Global Gateway initiative in 2021 as a more sustainable alternative to China's Belt and Road Initiative, with planned investments of €300 billion between 2021 and 2027 focused on infrastructure, digital connectivity, clean energy, transport, education and health, emphasizing sustainability, transparency and local partnership over centralised state-driven financing.
11 May 2026 · Capital News →
The Africa Finance Corporation warned that Africa's fuel import gap will widen to 86 million tonnes by 2040, exposing the continent's vulnerability to supply shocks. At a Nairobi summit, Aliko Dangote offered to build an east African refinery if supported by Kenya and Uganda, and regional leaders called for Africa to reduce reliance on external capital and finished-goods imports.
24 April 2026 · Citizen Digital →