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Africa Finance Corporation (AFC) | MsingiLab

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Africa Finance Corporation (AFC)

$10M-$500M+

RollingWebsiteEst. 2007

Moderate Gender LensModerate Climate Lens

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What You Get

Debt financing for infrastructure projects

Equity and quasi-equity investments

Project development and financial advisory

Guarantees and syndications

Technical assistance and policy support

Co-investment facilitation with pan-African network

How to Apply

Direct approach through website or referral. Heavy documentation requirements. May require government co-sign.

Warm Intro

Recommended but not required

Geographic Focus

Pan-Africa

Decision Timeline

Long approval timelines — typically months, not weeks

Eligibility

Large-scale infrastructure or energy project in Africa
Sectors: infrastructure, energy, transport, natural resources, ICT
Must demonstrate development impact and job creation potential
Established operations with strong project fundamentals
NOT for early-stage startups or SMEs — infrastructure-scale projects only

Traction Required

Established operations with development impact. Project-level feasibility and financial viability demonstrated.

Team Requirements

Experienced project developers with track record in infrastructure

What They Look For

Large-scale African infrastructure and energy projects with clear development impact. AFC is a pan-African multilateral DFI with 48 member country shareholders, HQ in Lagos, Nigeria. US$17 billion cumulative disbursement across 36 countries. Provides debt, equity, guarantees, project development, and financial advisory. Minimum ticket size typically $10M+. Not a startup or SME investor.

Post-Investment Support

Technical assistance, policy support, co-investment facilitation

Red Flags to Watch

Long approval timelines. Heavy documentation requirements. May require government co-sign.

Insider Tip

AFC has 48 member country shareholders and US$17B cumulative disbursement. Bank of Tanzania joined as equity shareholder in March 2026, showing ongoing growth. Approach via country-level relationships for better traction.

2007

Active Since

Yes

Deploying

Notable Investments

Multiple development projects and fund commitments across 36 African countries

Opportunities

Africa Finance Corporation (AFC)

What You Get

Application Details

Fit Criteria