Business & Economy3 stories
AFC Raises $1.5B Loan as NIFC and Eastrise Group Announce Strategic Expansions - September 2025
Africa Finance Corporation (AFC) has secured its largest-ever debt facility, a US$1.5 billion syndicated loan for general corporate purposes. This three-year facility attracted strong demand and achieved more favorable pricing than last year's loan. In another strategic move, the Nairobi International Financial Centre (NIFC) has become a full member of the World Alliance of International Financial Centres (WAIFC), strengthening Nairobi's position as a global financial hub. Separately, strategy firm Eastrise Group has launched its Eastrise Advisory Board to strengthen business ties between Africa and Europe. The board's initiative aims to connect capital and businesses across the two continents.