AFC’s core mission is to address Africa’s infrastructure development needs while seeking a competitive return on capital for our shareholders.
Currently, lack of access to reliable power, poor transport networks and weak telecommunications infrastructure is limiting economic growth and restraining sector development across the continent, preventing millions of Africans from fulfilling their true potential. By providing project development expertise and risk capital, AFC is helping to fill Africa’s critical infrastructure void and ensuring that the positive economic growth momentum the region is currently experiencing is maintained and accelerated.
The Business Model
AFC offers a unique value proposition as an Africa-focused multilateral financial institution covering three complementary service areas: project development, financial advisory and principal investing. In addition to these core services AFC has significant experience and expertise in project management and will ensure that the objectives of all parties involved are met through careful monitoring of the project from beginning to end.
They therefore fill key market gaps by participating across the entire project cycle and capital structure, ensuring that projects are well structured and transactions reach financial close.
Through their hybrid structure of a multilateral institution with substantial private sector participation, AFC acts as both a leading financier and adviser to its clients. It offers project, trade finance and structured debt, greenfield equity, and buy-out capital as well as fixed income products. We complement these product offerings with advisory capabilities in areas such as: project development, project management, capital raisings and restructurings.
Since its inception, AFC has committed US$3.0bn to funding large-scale infrastructure projects. US$2.6bn of this capital has been disbursed so far.
AFC is committed to investing in projects that will provide substantial, measurable benefit to a region or sector in the long term and will be templates for future infrastructure investment and development. However the corporation also considers the short term social and economic impact. Where possible, the projects utilize local resources and suppliers and jobs are created during both construction and operational phases.
AFC offers a unique value proposition as an Africa-focused bank covering complimentary service areas. These are project development, technical advisory, principal investing and financial advisory services.
◦» Project Development
◦» Early stage risk capital
◦» Project management – conception to operation
◦» Technical advisory services
◦» Principal Investing
◦» Co-investment with sponsors and private equity investors
◦» Project finance – debt, equity, mezzanine financing
◦» Structured products – trade and equipment finance
◦» Financial structuring
◦» Financial Advisory
◦» Corporate finance
◦» Debt/equity syndication
◦» Structured products
Specialised Sector Focus
AFC focuses on originating and executing transactions in the following sectors:
•» Power – IPPs, Emergency Power, Gas-to-Power, Renewable Energy
•» Transport Infrastructure – Roads, Rail, Aviation, Ports, Maritime, Logistics
•» Heavy Industry – Fertilizer, Cement, Chemicals, Manufacturing, Refineries, Petrochemicals, Pharmaceuticals, Agro-processing
•» Oil & Gas – Exploration and production, Oil & Gas Services, Mid-stream infrastructure
•» Telecoms – Infrastructure, Technology, Mobile, Wireless