August 29, 2016 4:22 PM ET

Diversified Financial Services

Company Overview of Africa Finance Corporation

Company Overview

Africa Finance Corporation, a multilateral development finance company, provides various financial services in Africa. It provides offers project financing services, such as debt, equity, and mezzanine financing; project management services; trade finance services and trade facilities; technical advisory services; early stage risk capital; equipment finance; corporate finance; and debt/equity syndication services. The company also advises clients on project financial structuring, debt and equity fundraising, and corporate restructuring; and invests in equity or quasi-equity capital in various projects or companies in various sectors. It serves power, transportation infrastructure, heavy indu...

3a Osborne Road

Ikoyi,  

Nigeria

Founded in 2007

80 Employees

Phone:

234 1 279 9600

Key Executives for Africa Finance Corporation

Chief Executive Officer, President and Executive Director
Chief Financial Officer and Director
Chief Operating Officer, Head of Legal Department, General Counsel, Corporate Secretary and Executive Director
Age: 53
Chief Risk Officer and Senior Vice President
Chief Investment Officer and Executive Director
Compensation as of Fiscal Year 2016.

Africa Finance Corporation Key Developments

KfW Grants $150 Million 15-Year Loan Facility to the African Finance Corporation

KfW has granted a $150 million 15-year loan facility to the African Finance Corporation (AFC). The loan agreement was signed on 22 June in London by Andrew Alli, CEO of AFC, and Jan Martin Witte, Head of Division for Infrastructure, of KfW. The AFC said that the funds will be used to refinance projects across the corporation's current and prospective member states in several of AFC's priority investment sectors: power, telecommunications, transport and heavy industries.

Africa Finance Corporation Presents at 18th Annual Africa Energy Forum, Jun-21-2016 through Jun-24-2016

Africa Finance Corporation Presents at 18th Annual Africa Energy Forum, Jun-21-2016 through Jun-24-2016. Venue: Intercontinental O2, London, United Kingdom. Presentation Date & Speakers: Jun-22-2016, Andrew Folorunso A. Alli, Chief Executive Officer, President and Executive Director. Jun-24-2016, Oliver Tunde Andrews, Chief Investment Officer and Executive Director.

Africa Finance Corporation Appoints Grant T. Harris as Independent Director

Africa Finance Corporation announced the appointment of Grant T. Harris as an Independent Director. He has extensive experience and contacts in Africa, having worked in a variety of senior roles advising on continental affairs. He also brings a strong business and legal background as well as a network of contacts with entities interested in doing business with the continent. He will be a great asset to the company and to its shareholders. Harris joins the company after serving four years at the US National Security Council at the White House in Washington, D.C. As Special Assistant to President Obama and Senior Director for African Affairs, he was the primary lead in crafting U.S. policy toward sub-Saharan Africa. Mr. Harris was particularly instrumental in institutionalising trade and investment as a key pillar of U.S. policy toward Africa, including by launching and coordinating the 'Doing Business in Africa' campaign to increase U.S. trade and investment. Mr. Harris was also the primary architect of the highly successful US-Africa Leaders Summit, which President Obama hosted in Washington, D.C., in August 2014, and which generated $37 billion in commitments to increase investment, trade, and development throughout Africa.

Similar Private Companies By Industry

Company Name Region
Abuja Securities & Commodity Exchange Plc Middle East/Africa
Africa Finance Corporation Middle East/Africa
Agusto & Co. Middle East/Africa
Aquila Capital Limited Middle East/Africa
Bankers Warehouse Plc Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 10, 2016
South Africa Toll Road Company (Proprietary) Limited
Merger/Acquisition
June 2, 2016
Trans African Concessions (Pty) Ltd.
 

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