AFC Secures Record $1.5B Syndicated Term Loan Facility Under Better Terms Than In 2024
In a communique issued on 29 September 2025, the Africa Finance Corporation announced that it has secured a landmark USD 1.5 billion syndicated loan. Originally floated as a USD 1.3 billion loan facility over a three-year period, the bank finally went for USD 1.5 billion due to the great appetite from a multitude of lenders across the world.
The lenders include the Bank of Communications, Burgan Bank, Export Development Bank and Hua Nan Bank. The AFC has a solid credit rating and compared to its previous USD 1.16 billion term loan facility in 2024, it managed to secure better terms in 2025. In addition, the AFC has secured a USD 255 million (AED 937.5M) sustainability financing from UAE this year.
“This landmark transaction reinforces AFC’s standing as a trusted institution in the global capital markets and demonstrates our ability to mobilize capital at scale for Africa. It strengthens our role in bridging Africa’s infrastructure needs with global capital and accelerates our mission to drive rapid industrialization and unlock the continent’s full economic potential.”
AFC Head of Financial Services Banji Fehintola
Abu Dhabi Commercial Bank, Commerzbank, and Standard Chartered Bank initially acted as Lead arrangers for the Syndicated Loan. Then, Bank of China, First Abu Dhabi Bank, Mashreqbank, MUFG Bank, FirstRand Bank, State Bank of India, Standard Bank, Societe Generale, Sumitomo Mitsui Banking Corporation joined in as Arrangers and Bookrunners. Additionally, First Abu Dhabi Bank acted as Facility Agent and Standard Chartered Bank also played the role of Documentation Agent.
The AFC currently focuses on funding infrastructure and industrialization projects in Africa. It not only provides financial assistance, but can also deliver technical advisory services for project development and corporate structuring. Headquartered in Lagos, Nigeria, the AFC has grown to 46 member countries since its inception in 2007. So far, the AFC has financed over USD 15 billion worth of projects across 36 African countries.