The London Stock Exchange (LSE) welcomes the Africa Finance Corporation (AFC) in recognition of its first listing on the London Stock Exchange and its continued success in global debt markets and pivotal role in driving Africa’s economic transformation. AFC’s recent return to the international bond market is marked by two milestone transactions—an oversubscribed US$500 million 144A/Reg S Senior Unsecured 5-year Eurobond and its inaugural US$500 million Perpetual Hybrid Bond.
The Eurobond, listed on the London Stock Exchange Main Market and Euronext Dublin, was priced at 5.55% attracting an impressive US$1.3 billion in orders- a reflection of the strength of investor confidence in AFC’s credit profile. Meanwhile, AFC’s Perpetual Hybrid Bond achieved a final yield of 7.625% tightening by 37.5bps, further solidifying AFC’s reputation as an innovative financial leader in Africa. 

AFC: Mobilising Capital for Africa’s Economic Transformation

Established in 2007, AFC was created to be a catalyst for pragmatic infrastructure and industrial investments across Africa. By combining specialist expertise in financial and technical advisory, project structuring, development, and risk capital, AFC drives sustainable economic growth in sectors including power, natural resources, heavy industry, transport, and telecommunications. 
Recognised by leading credit agencies, AFC holds an A3 (stable) rating from Moody’s, AAA from S&P Global (China), and AAA from China Chengxin International Credit Rating Co. Ltd. With 45 member countries and an investment portfolio exceeding US$15 billion across 36 African nations, AFC continues to bridge Africa’s infrastructure gap and unlock the continent’s vast economic potential.