Africa Finance Corporation announces US$140m Kimchi Term Loan Facility

Buchanan is pleased to have supported Africa Finance Corporation (AFC), the leading investment-grade infrastructure solutions provider, on the announcement of its US$140m Kimchi Term Loan Facility.

The closing of the facility, and all other Asian investments in AFC, exemplifies the Corporation’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. Recent investments from Asian investors now total approximately US$1.2bn.

In support of the milestone, Buchanan implemented a global media campaign including an exclusive interview with the Financial Times and broadcast interviews with China Global Television Network (CGTN),Bloomberg TV, and CNBC Africa.

To date, the Corporation has invested over US$6.6bn in transformational projects across 30 African countries.

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