Support Infrastructure Portfolio Growth

Regional 1 (Africa)

Borrower	Africa Finance Corporation
Financing Type	Private Sector & Trade Finance
Instrument	Private Sector Debt
Focus Area	Financial
Approved	25.06.2020
Signed	21.12.2020
Status	Completed
Loan Administrator	OPEC Fund
OPEC Fund Contribution (US$m)	50.00

To help finance and build infrastructure needed for Africa’s post-COVID recovery. The proceeds of the 10-year loan to AFC will help address the continent’s infrastructure financing gap. The loan will also support increased financial flows to Africa and contribute to COVID-19 recovery efforts in African economies by freeing up government funds to meet urgent financing needs related to the pandemic.

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Amount Provided by OPEC Fund (US$m) 0.00 212.00

Total Project Cost (US$m) 0.00 149432.60

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