Its role Investor / Financier
The Africa Finance Corporation is a pan-African development finance institution that provides long-term debt and equity financing for infrastructure, industrial and agribusiness projects across the continent. It focuses on closing the infrastructure gap in Africa by supporting large-scale developments in energy, transport, telecommunications and manufacturing sectors.
Headquartered in Lagos, Nigeria, the corporation operates as a private-sector-led entity with shareholding from African governments, central banks and private investors. This structure enables it to mobilise both public and commercial capital for projects that promote economic growth, regional integration and sustainable development.
In the fertilizer and chemical industry, AFC has participated in financing programmes such as Dangote Group expansions, including facilities in Nigeria and Ethiopia. As a key regional financier, it plays a catalytic role in mobilising funds for capital-intensive projects that support industrialisation and agricultural productivity in member countries.
chemXplore tracks 1 project involving AFC, of which one is active.
Two reformers (combined >200,000 Nm³/h H2) for a new ammonia/urea plant in Gode, Ethiopia; plant will produce 3 Mt/y urea; equipment to be supplied FOB within 18 months.
A $2.5B urea plant in Ethiopia will produce 3M metric tons annually, boosting agriculture, reducing imports, and creating jobs. Completion is targeted within 40 months.
active all projects
