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Africa Finance Corporation (Lagos)

Africa Finance Corporation Continues Expansion into Asia

Africa Finance Corporation (AFC) closed an inaugural US$140,000,000 Kimchi Term Loan Facility, its first Korean-focused instrument. The closing of the Kimchi Loan Facility, and all other Asian investments in AFC, exemplifies the Africa Finance Corporations's success in global investor engagements and is an important step as it builds a broad coalition of investors to diversify its funding sources while also allowing institutions from around the globe to participate in Africa's development. Read more

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Left to right: Mr B.H Sung Chief Rep. Bank of Korea; Mr J.H. Lee Chief Rep. Financial Supervisory Service in Korea; Mr C.B. Park, General Manager of KEB Hana Bank, London Branch; Mr K. Ryder, UK Head of Nedbank; Mr S. Zubairu President & CEO of Africa Finance Corporation; Mr W.J. Jung, Head of Group & Global Investment Banking, Shinhan Financial group; Mr D.J. Lee, Director of Investment Banking, Nonghyup Bank; Mr H.S Kim, Minister of counsellor (Economy and Finance), Korea Embassy in London; Mr S.H Seo, General Manager of Shinhan Bank, London Branch.

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