Kenya: AFC membership
Issue 349
- 30 Jun 2017
| 1 minute read
Kenya is the latest country to become a member of Lagos-based infrastructure developer Africa Finance Corporation (AFC). Kenya is AFC’s 15th member and third East African member after Rwanda and Uganda. AFC’s other members are Cape Verde, Chad, Côte d’Ivoire, Djibouti, Gabon, Gambia, Ghana, Guinea-Bissau, Guinea, Liberia, Nigeria and Sierra Leone.Set up in 2007 to bridge the infrastructure investment gap, AFC has preferred creditor status in member countries, reducing its investment risk and allowing it to provide more competitive financing.
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