Africa Finance Corporation (AFC) was established in 2007 and is headquartered in Lagos, Nigeria, with the purpose of advancing infrastructure development across Africa. The corporation provides financing solutions including project finance, corporate finance, and advisory services to drive sustainable economic growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AFRFIN 1.21% 2025-09-30 CHFAfrica Finance Corporation | Nigeria | 2025-09-30 | 1.205 | 1.00 |
| AFRFIN 2.88% 2028-04-28 USDAfrica Finance Corporation | Nigeria | 2028-04-28 | 2.875 | 5.12 |
| AFRFIN 2.88% 2028-04-28 USDAfrica Finance Corporation | Nigeria | 2028-04-28 | 2.875 | 5.12 |
| AFRFIN 3.13% 2025-06-16 USDAfrica Finance Corporation | Nigeria | 2025-06-16 | 3.125 | 0.00 |
| AFRFIN 3.75% 2029-10-30 USDAfrica Finance Corporation | Nigeria | 2029-10-30 | 3.750 | 5.12 |
| AFRFIN 4.38% 2026-04-17 USDAfrica Finance Corporation | Nigeria | 2026-04-17 | 4.375 | 5.30 |
| AFRFIN 4.38% 2026-04-17 USDAfrica Finance Corporation | Nigeria | 2026-04-17 | 4.375 | 5.30 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
AFC has actively participated in the bond market since its inaugural bond issuance in 2014, which raised $150 million to support infrastructure projects. Noteworthy is their $500 million dual-tranche bond issued in 2020, which was notable for its strong demand and attractive yields compared to industry rates. As of late 2023, AFC bonds yield approximately 6.5%, reflecting robust investor confidence, and their recent issuance features a 7-year maturity, showcasing their commitment to long-term funding for transformative African projects.