The Africa Finance Corporation (AFC) has secured a US$100 million, 10-year term loan from FinDev Canada, marking its debut in the Canadian market and FinDev Canada's first infrastructure financing in Sub-Saharan Africa.

• This US$100 million facility will enhance AFC’s funding base for renewable energy and low-carbon transport projects across Sub-Saharan Africa.
• Banji Fehintola, Executive Board Member and Head of Financial Services at AFC, highlighted this as the diversification of AFC's funding base and deepening of North America's participation in Africa's growth.
• The AFC has invested over US$15 billion in 36 African countries since its inception and has 46 member countries.