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Africa: Financing Post-Covid Recovery in Africa – Lessons From the AFC-DFC Partnership

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africa:-financing-post-covid-recovery-in-africa-–-lessons-from-the-afc-dfc-partnership

[Atlantic Council] In Early 2021, the Africa Finance Corporation (AFC) secured a tier-2 loan of $250 million from the U.S. International Development Finance Corporation (DFC) to enable the institution to continue its low-cost financing to African borrowers in the wake of COVID-19. This move signifies greater opportunities for US-African collaboration and the essential role of African development finance institutions in addressing the effects of the COVID-19 pandemic.

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