AFC obtains credit line through Proparco and EFP

Region:

Middle East & Africa

Jonathan Bell

Editor-in-chief

The Africa Finance Corporation (AFC) has secured a €50 million ($65.8 million) credit line provided by the French development agency Proparco together with European Financing Partners (EFP*). The Proparco-led line of credit has a tenor of 10-years and is a dual currency facility of euros and US dollars. The EFP tranche (€25 million) will be drawn in US dollars and will be utilised to fund Nigeria and Anglophon

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Video

13 January 2026

Dealmakers: Silvia Gavornikova, OECD

TXF spoke with Silvia Gavornikova, head of export credit and competition at the OECD, to outline the slight uptick in overall support by ECAs under the Arrangement, as well as...

Strategic insight: Turning up the dial on export finance with JP Morgan’s Galvin

Interview

16 January 2026

Strategic insight: Turning up the dial on export finance...

Laura Galvin, JP Morgan’s new head of export and agency finance, talks to TXF about her priorities in a changing market, particularly amid the bank’s own $1.5 trillion...

Must See

Vulcan lithium: DFIs and ECAs combine for critical minerals

Perspective

09 January 2026

Vulcan lithium: DFIs and ECAs combine for critical minerals

The EIB is anchoring another major DFI-ECA package for a major European energy transition project. Can it succeed where earlier complex mega-projects have struggled?

Video

13 January 2026

Dealmakers: Silvia Gavornikova, OECD

TXF spoke with Silvia Gavornikova, head of export credit and competition at the OECD, to outline the slight uptick in overall support by ECAs under the Arrangement, as well as updates to good governance guidelines such as anti-bribery measures for export credits.

Interview

16 January 2026

Strategic insight: Turning up the dial on export finance with JP Morgan’s Galvin

Laura Galvin, JP Morgan’s new head of export and agency finance, talks to TXF about her priorities in a changing market, particularly amid the bank’s own $1.5 trillion security and resilience investment initiative, and highlights the prospects for working with MDBs to mobilise private capital.