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Bank Of Afrfica UK Finalizes $300 Million Fundraising For Africa Finance Corporation

November 14th, 2024

Bank of Africa UK has successfully raised $300 million for Africa Finance Corporation (AFC), a leading provider of infrastructure solutions in Africa. Acting as the sole lead arranger and bookrunner, Bank of Africa UK secured the funds from seven major Indian banks.

This funding is expected to bolster AFC's capacity to finance critical infrastructure projects across the continent, thereby promoting economic growth and development. The collaboration between Bank of Africa UK and AFC underscores the importance of international partnerships in addressing Africa's infrastructure needs.

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