Talk:Africa Finance Corporation

External links modified
Hello fellow Wikipedians,

I have just modified one external link on Africa Finance Corporation. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
 * Added archive https://web.archive.org/web/20151230110343/http://www.africa.com/blog/gabon-joins-africa-finance-corporation/ to http://www.africa.com/blog/gabon-joins-africa-finance-corporation/

When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.

Cheers.— InternetArchiveBot  (Report bug) 16:26, 27 June 2017 (UTC)

Requested Changes
Hi Wikipedians

Information to be added or removed: Total Assets needs to be changed from US$ 4.5+ billion (2018) to US$6.6 billion (2019) in the righthand box Explanation of issue: There is a new figure available from 2019 References supporting change: https://africaincmag.com/2019/11/14/africa-finance-corporations-credibility-boosted-after-it-secures-us50m-in-equity-investment-from-a-triple-a-multilateral-lender/

Information to be added or removed: Paragraph 1 - Africa Finance Corporation (AFC) established in 2007 by sovereign African states to provide solutions to Africa’s infrastructure deficit and challenging operating environment. The Corporation bridges the infrastructure investment gap through the provisions of debt and equity finance, project development as well as technical and financial advisory services Explanation of issue: This is an update to the Corporation overview References supporting change: https://www.africafc.org/

Information to be added or removed: Paragraph 2 - AFC’s investment remit is pan-African, focusing on investment across five key sectors; Power, Transport, Telecommunications, Heavy Industries and Natural Resources. Explanation of issue: inclusion of 'remit' provides a more accurate description of the company References supporting change: https://static1.squarespace.com/static/5d294b45e25e4900019ce453/t/5d8cf80f2cc4ac219735b667/1569519636766/AFC-+NORDIC+AFRICAN+BUSINESS+SUMMIT++-+Website+entry.pdf

Information to be added or removed: Paragraph 3 - AFC is majority-owned by the private sector, the bulk of which are leading African financial institutions. Private investors own 55.3% of the Corporation. A further 44.7% is owned by the Central Bank of Nigeria.

In addition to private investors owning shares, AFC allows African states (through their respective central banks, sovereign wealth funds, state pension funds or similar institutions) to be both shareholders and members of the Corporation. As of April 2020, AFC currently has twenty six (26) member states: : Nigeria (the host country), Benin, Cape Verde, Chad, Côte d’Ivoire, Djibouti, Eritrea, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Madagascar, Mauritius, Mauritania, Namibia, Rwanda, Senegal, Sierra Leone, Togo, Uganda, Zambia, Zimbabwe. Explanation of issue: The current information is out of date as the shareholder base has changed, as has the number of Member states References supporting change: (shareholder base) https://kenyanwallstreet.com/afc-commits-1-3-million-to-nigeria-for-covid-19/, Member states https://www.africafc.org/News-Events/News-Press-Releases.aspx

Information to be added or removed: Paragraph 4 - Africa Finance Corporation, to date, has invested over US$6.6 billion in infrastructure projects, across 30 African countries Explanation of issue: Information currently out dated. References supporting change: https://africaincmag.com/2019/11/14/africa-finance-corporations-credibility-boosted-after-it-secures-us50m-in-equity-investment-from-a-triple-a-multilateral-lender/

Information to be added or removed: Addition to Power Generation Section - In February 2020, AFC announced a US$63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet area, near Lake Assal in Djibouti. AFC has made this investment as lead developer together with Great Horn Investment Holdings and inviting further investment from Climate Fund Managers, and FMO, the Dutch entrepreneurial development bank. The wind project is expected to begin commercial operations in 2021. Explanation of issue: A new project has been completed since the last page update. References supporting change: https://www.power-technology.com/news/afc-djibouti-renewable-energy-project/

Information to be added or removed: Addition to Fiancning Section - In 2016 the Corporation issued its debut senior unsecured Swiss Franc (CHF) denominated bond, raising CHF 100 million with a tenure of 3 years and 150 days. “In January 2017, AFC issued its maiden Sukuk which is said to be the highest-rated ever Sukuk issuance from an African institution. The initial target of US$100 million was more than twice oversubscribed, resulting in the transaction being upsized to US$150 million and a final order to book of approximately US$230 million.

In April 2017, AFC issued a US$500 million 7-year Eurobond. The Corporation’s second Eurobond, it was five times over-subscribed, attracting US$2.4 billion from 231 investors across the Middle East, Asia, the United Kingdom and the United States.

In October 2018 AFC signed an agreement the Export-Import Bank of China for a US$300 million facility.

In November 2019, AFC announced the closing of its inaugural US$140,000,000 Kimchi Term Loan Facility. This Facility was AFC’s first Korean-focused instrument. It follows the Corporation’s US$233 million and JPY1 billion dual currency Samurai Term Loan Facility, closed in September 2019, and a US$300 million Loan Facility, through the Export-Import Bank of China. This is in addition to Asian investors’ purchase of 28% and 16% of AFC’s US$500 million and US$650 million Eurobond issuances, respectively, this year. Cumulatively, recent Asian investments (from China, Hong Kong SAR, Singapore, Malaysia, and Taiwan) into AFC have reached approximately US$1.2 billion equivalent. Explanation of issue: A new project has been completed since the last page update. References supporting change: https://www.engineeringnews.co.za/print-version/afc-concludes-debut-chf-bond-issue-2016-07-18, https://www.ft.com/content/ed1ce60a-cd7f-11e8-b276-b9069bde0956, https://punchng.com/afc-concludes-140m-loan-facility/

BCOMMS107 (talk) 14:59, 17 April 2020 (UTC)
 * yellow check.svg Y Partly done The $6.6. billion and 30 countries has been updated. The rest (or some of the rest as I will review this again tommorow. No reply=the rest) seems to be promotional, particularly the first two. &#123;&#123;replyto&#125;&#125; Can I Log In 's  (talk) page 05:57, 28 April 2020 (UTC)