Institutional investors are driving much of the growth in domestic capital. Pension and insurance assets have now surpassed $1 trillion for the first time Nairobi, Kenya | THE INDEPENDENT | Africa’s domestic capital has grown to a point where it now exceeds external financing flows, marking a shift in how …
Read More »AFC to open Nairobi office as Kenya pledges $25 million boost
The new office will function as a regional hub for East Africa, placing AFC closer to governments, investors and private sector actors involved in cross-border infrastructure and industrialisation efforts Nairobi, Kenya | THE INDEPENDENT | Nigerian-based Africa Finance Corporation has signed an agreement with the Kenyan government to open its …
Read More »Mahathi secures Sh353 billion for barges on Lake Victoria
Kampala, Uganda | THE INDEPENDENT | The Africa Finance Corporation (AFC) is to provide over 353 billion shillings ($95.25 million) for the transportation of fuel to Uganda through Lake Victoria. According to a statement from Africa Investment Corporation (AFC), part of the money will be used to construct two barges …
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