LUSA 12/17/2025

Lusa - Business News - Equatorial Guinea: State joins Africa Finance Corporation

Malabo, Dec. 16, 2025 (Lusa) - The Africa Finance Corporation (AFC) has announced that Equatorial Guinea has joined the organisation, allowing the African country to benefit from preferential technical and financing conditions for major infrastructure projects on the continent.

"Membership of the AFC allows the Government to leverage technical expertise, project development capacity and robust financial strength to accelerate the delivery of high-impact infrastructure projects; the AFC will work with public and private stakeholders to unlock opportunities in key sectors including renewable energy, logistics and transport corridors, as well as improvements in natural resources," reads the statement sent to Lusa on Monday.

In the statement, the organisation, which promotes infrastructure solutions and is the main promoter of the Lobito Corridor in Angola, stresses that the decision comes in the context of a structural transformation that the government, which belongs to the Community of Portuguese Language Countries (CPLP), wants to impose on the country.

"Equatorial Guinea, one of Africa's richest nations in natural resources, has outlined a long-term national vision focused on industrialisation, economic diversification beyond hydrocarbons and the expansion of world-class transport, logistics, energy and digital infrastructure," says the AFC, adding that the Horizon 2035 strategy "prioritises investments that can accelerate value addition, boost regional integration, improve human capital and strengthen resilience against global market volatility".

Angola, which became a sovereign shareholder in the AFC in June, is the second CPLP country, after Cabo Verde, to be a shareholder in this entity.

At the beginning of this year, the Angola Sovereign Wealth Fund also made a capital investment of US$25 million in the AFC, reflecting "a cohesive national strategy to promote Angola's industrial and infrastructure development agenda through close collaboration with AFC," it announced last month.

The Africa Finance Corporation was established in 2007 to foster investment in infrastructure and industry on the African continent, bringing together sector expertise with a focus on financial and technical advisory, project structuring, project development and venture capital to address infrastructure development needs and drive sustainable economic growth in Africa.

The AFC now has 46 member states and has invested more than US$15 billion (€12.9 billion) in 36 African countries since its creation.

 

 

 

 

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