AFC Secures $100 Million Funding from India Exim Bank for Infrastructure Projects
Africa Finance Corporation (AFC) has secured an additional US$100 million financing facility from Export-Import Bank of India to support infrastructure development projects across the continent.
The funding is expected to accelerate the delivery of critical infrastructure in key sectors, including energy, transport, logistics and industrial development, as Africa continues to address its infrastructure gap.
In a statement, AFC said the facility reinforces its long-standing partnership with India Exim Bank and reflects growing collaboration between Africa and India in financing sustainable development projects.
The Corporation noted that the additional financing will be directed towards high-impact projects aimed at improving regional connectivity, enhancing industrial capacity and supporting economic growth.
Africa continues to face a significant infrastructure financing shortfall, with institutions such as AFC playing a central role in mobilising capital for large-scale projects. The latest facility is expected to strengthen AFC’s capacity to deliver on its mandate of developing and financing infrastructure that drives inclusive growth and economic transformation.
India Exim Bank, which has been actively supporting development initiatives across Africa, said the partnership aligns with its broader objective of promoting South–South cooperation and facilitating investments in emerging markets.
The agreement further highlights increasing investor confidence in Africa’s infrastructure sector, as development finance institutions and international partners continue to channel resources into projects that unlock long-term economic potential.
AFC reaffirmed its commitment to leveraging strategic partnerships to scale infrastructure investments, noting that access to blended and concessional financing remains critical in addressing the continent’s development needs.
