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Africa Finance Corporation (AFC) is a pan-African Multilateral Development Financial Institution established in 2007 by sovereign African states to provide pragmatic solutions to Africa's infrastructure deficit and challenging operating environment. The Corporation bridges the infrastructure investment gap through the provision of debt and ...
The Kinshasa Urban Train (MetroKin) is a proposed urban rail network which would serve the Kinshasa metropolitan area. In February 2023, the Africa Finance Corporation (AFC) signed a joint development agreement with Trans Connexion Congo (TCC) to jointly develop the rail network. [1]
In October 2023, PGI signed an MOU between the U.S., Angola, the DRC, the EU, Zambia, the African Development Bank, and Africa Finance Corporation to develop the Corridor, initiating a new rail line expansion to Zambia. [5]
U.S. development finance efforts were consolidated under the Overseas Private Investment Corporation (OPIC) in 1969 by President Richard Nixon, transferring responsibility from the United States Agency for International Development (USAID). The goal was to promote a more business-like management of development finance policy.
He was a non-executive director of Africa Finance Corporation since 2008 until June 2, 2017. [41] He has been the chairman of Associated Discount House Limited since 1 December 2011. [42] He serves as a director of Petralon Energy [43] and retired as the chairman of Wapic Insurance Plc where he has been its director since November 2011. [44]
Africa Finance Corporation, a pan-African multilateral development finance institution; Agenda for Change, the current NHS pay grade system; Alabama Forestry Commission; Alliance of Forces of Freedom and Change, a 2019 Sudanese alliance of coalitions of political and rebel groups; America First Committee, historical US non-interventionist group
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This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.