"Africa Finance Corporation Secures $100 Million Loan from Development Finance Institute Canada"

"Global law firm Ashurst has assisted the Africa Finance Corporation (AFC) in securing a US$100 million loan from Development Finance Institute Canada (DFIC) Inc. This marks AFC's entry into the Canadian debt capital market and initiates a collaborative relationship with DFIC, focused on impact financing for renewable energy and infrastructure projects in Africa. The advisory team was led by partner Matthew Wood, with support from associates and trainee solicitors."

Global law firm Ashurst advised the Africa Finance Corporation (AFC) in a significant transaction involving the raising of a US$100 million loan facility from Development Finance Institute Canada (DFIC) Inc. This transaction marks AFC's official entry into the Canadian debt capital market and initiates a promising relationship with DFIC. The collaboration is rooted in a shared vision for impact financing on the African continent, which is expected to generate returns for targeted renewable energy and infrastructure projects within AFC's pipeline. The legal team from Ashurst was led by partner Matthew Wood, with support from associates Tomilayo Fadoju and Guy Seymour, as well as trainee solicitors Millie McElroy and George Simmons.

"Africa Finance Corporation Secures $100 Million Loan from Development Finance Institute Canada"

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