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27 Mar 2026

Ashurst advises Africa Finance Corporation on US$100 million bilateral loan facility from India EXIM Bank

"Ashurst advised longstanding client Africa Finance Corporation (AFC) on the raising of a US$100 million bilateral loan facility provided by India EXIM Bank. The financing, AFC's second with India EXIM following 2021, will support infrastructure, trade and impact development initiatives across Africa."

Ashurst advised longstanding client the Africa Finance Corporation (AFC) in relation to the raising of a US$100 million bilateral loan facility provided by India EXIM Bank. The facility represents AFC's second financing with India EXIM Bank, following a successful loan in 2021, and further strengthens AFC's relationship with Indian financial institutions. The transaction demonstrates AFC's continued success in attracting diverse global capital to support its mandate. The proceeds will be used to finance AFC's infrastructure, trade and impact development initiatives across the African continent. Ashurst represented client(s) Africa Finance Corporation (AFC) with a team composed by: partner Matthew Wood, and associates Edgar Thornton and Brakemi Ebi-Ogbomah.
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