India, Nov. 26 -- This new facility reinforces BADEA's role as a strategic partner and strengthens AFC's capacity to deliver transformational infrastructure across the continent
JOHANNESBURG - Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading infrastructure solutions provider, has secured a US$75 million term loan facility from the Arab Bank for Economic Development in Africa (BADEA). This landmark transaction deepens AFC's strategic partnership with BADEA.
The agreement was signed by H.E. Abdullah Almusaibeeh, President of BADEA, and Mr. Samaila Zubairu, President & Chief Executive Officer of AFC, as part of AFC Day, held during the B20 Summit in Johannesburg. The signing underscores the two institutions' share...