S&P Global Assigns 'A/A-1' Ratings to Africa Finance Corporation

Africa Finance Corporation (AFC) has received 'A' long-term and 'A-1' short-term issuer credit ratings, with a Positive Outlook from S&P Global. The ratings highlight AFC's strong credit profile, efficient capital deployment, and ability to structure complex, cross-border projects.

AFC has invested $18.5 billion across 36 African countries in sectors like energy and logistics, playing a crucial role in the continent's infrastructure development. Notable projects include the Lobito Corridor and Kamoa–Kakula copper complex.

S&P emphasized AFC's strong liquidity position, effective risk management, and competitive edge in handling critical infrastructure projects. The agency forecasts that AFC will continue expanding its shareholder base and maintaining strong financial metrics.

The Positive Outlook from S&P underscores AFC's commitment to supporting Africa's infrastructure growth and economic transformation.