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Africa Finance Corporation (Lagos)

Eritrea becomes Africa Finance Corporation's 24th Member State

Africa Finance Corporation (AFC) is pleased to announce the accession of the State of Eritrea ("Eritrea") as its 24 th  member state. This decision was ratified by His Excellency, Isaias Afwerki, President of Eritrea, on 6 November 2019. AFC, in line with its mandate, has committed to provide financing to the Colluli Mining Share Company for the development and construction of the Colluli Potash Project in the Danakil Depression region of Eritrea. Read more

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Africa Finance Corporation (AFC), in line with its mandate, has committed to provide financing to the Colluli Mining Share Company for the development and construction of the Colluli Potash Project in the Danakil Depression region of Eritrea. Successful execution of this project will make significant contributions to exports, employment, agricultural productivity, and overall social and economic development of the country.

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