The Africa Finance Corporation (AFC) has announced the successful closure of a landmark US$1.5 billion syndicated loan, its largest debt facility to date. Proceeds will be used for general corporate purposes, strengthening AFC’s ability to finance infrastructure and industrial development across the continent. New participants in the syndication included Bank of Communications, Burgan Bank, Export Development Bank of Egypt, and Hua Nan Bank, underscoring growing investor confidence in Africa’s infrastructure opportunities. “This landmark transaction reinforces AFC’s standing as a trusted institution in the global capital markets and demonstrates our ability to mobilise capital at scale for Africa,” he said. The Corporation also recently obtained an AED 937.5 million sustainability-linked term loan facility, deepening its partnerships with the UAE.