Company
ProfileCompany Name: African Finance Corporation (AFC)Founded: 2007Headquarters Location: Abuja, NigeriaRegistered Capital: US$2 Billion (Authorized Share Capital)Regulatory License: Unregulated Executive Background: Founding President and CEO Chukwuma Soludo previously served as President of Citibank's African Investment Bank and Governor of the Central Bank of Nigeria. Advisory Team: Includes professionals from African and international financial institutions. Member of Industry Association: Participated in a number of pan-African and international financial cooperation. Compliance Statement: CFC Africa is committed to operating transparently and responsibly in strict compliance with the laws and regulations of the relevant countries.
Shareholding structure:
- Private investors: 62%
- Central Bank of Nigeria: 38%
- African member states (through central banks, sovereign wealth funds, etc.): as shareholders and members.
Corporate Structuring: AFC is a pan-African multilateral development finance institution that aims to support infrastructure development and economic development in Africa through debt and equity financing, project development, and technology-financial advisory services.
Regulatory Information
Registered Country: Nigeria Regulatory Body: No Regulatory Compliance Statement: AFC is committed to complying with all applicable laws and regulations and following international financial best practices.
Market Instruments
Supported Products:
- Forex: ✔
- CFDs: Commodities ✔
- : ✔
- Stocks: ✔
- Futures: ✔
- Options: ✔
- Exchange Traded Funds (ETFs): ✔
- Bonds: ✔
- Mutual Funds: ✔
Not Supported Products:
- Indices: ❌
- Cryptocurrencies: ❌
Trading Software
Trading Platforms: No specific trading platforms are mentioned. Technical Infrastructure: AFC provides customized financial solutions to its clients, primarily through its project development and technical financial advisory services.
Deposit and Withdrawal MethodsDeposit
Methods: AFC does not mention specific deposit and withdrawal methods. Withdrawal Method: Customer support needs to be contacted directly for details.
Customer SupportCustomer
Support Channels: Phone, Email, Contact FormContact Details:
- Phone: +961 1 379 159
- Email: info@afc.com.lb, td@afc.com.lb
- Address: New+ (P.O. Box 11-1364, 4th Floor, New Starco Building, Mena El Hosn District, Beirut, Lebanon)
Languages Supported: Live Chat in English: ❌
Core Business & ServicesMain
Business Areas:
- Power: Supporting the privatization of the Nigerian power sector and investing in projects such as the Kainji Hydroelectric Power Plant.
- Transport & Logistics: Participated in projects such as the Henri Conan Bedi Bridge in Côte d'Ivoire and the Buckvina Toll Road in South Africa.
- Heavy Industry: Invest in ARM cement and other projects.
- Telecom: Supporting the Main One submarine cable project.
- Natural Resources: Investments in projects such as Megadrill Services Limited.
Who Serves: African governments, sovereign wealth funds, private companies and international investors. Technology Platform: AFC provides customized solutions through project development and technical financial advisory services.
Technology Infrastructure
Technology Platform: AFC provides technical consulting and financial solutions to its clients, primarily through its expertise and project management experience.
Compliance & Risk Control SystemRisk
Control System: The specific risk control system is not mentioned. Compliance Statement: AFC strictly complies with applicable laws and regulations and is committed to operating transparently and responsibly.
Market Positioning & Competitive Advantage
Market Positioning: AFC is positioned as a leading institution in the pan-African infrastructure investment sector, with a focus on power, transportation, telecommunications, natural resources and heavy industry. Competitive Advantage:
- Pan-African Footprint: AFC has extensive investment and project experience in several countries in Africa.
- Diversified Investment: Covering a number of key industries, we provide comprehensive project development and financing services.
Customer Support & Enablement
Customer Support: 7/24 customer support is available, including phone, email, and contact forms. Customer Enablement: Helping clients achieve their project development and operational goals through technical consulting and financial solutions.
Social Responsibility and ESG
Social Responsibility: AFC is committed to supporting Africa's infrastructure development and economic and social development. Environmental, Social and Governance (ESG): Specific ESG strategies and practices are not mentioned.
Strategic
CooperationEcologyMajor strategic cooperation: Cooperate with Afreximbank, International Bank of Côte d'Ivoire (BIAO-CI), Ghana Airports Corporation and other institutions.
Financial Wellness
Investments: As of December 2022, the total investment exceeded $11.5 billion. Financial Status: AFC has secured a sound financial foundation through equity financing from private investors and member states.
Long-term goals of the roadmap for the future: Continue to support Africa's infrastructure development and economic development, and expand investment in areas such as electricity, transportation, telecommunications, and natural resources. Near-term plans: Strengthen cooperation with international financial institutions to promote the development of more cross-border projects.
