Africa Bazaar Staff Writer | November 25, 2025
Africa’s infrastructure financing landscape received a major boost this week as Africa Finance Corporation—the continent’s leading infrastructure solutions provider—secured a $75 million term loan from the Arab Bank for Economic Development in Africa (BADEA).
The landmark agreement, signed during AFC Day at the B20 Summit in Johannesburg, marks a deepening of one of Africa’s most strategically important development partnerships.
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The signing ceremony brought together BADEA President H.E. Abdullah Almusaibeeh and AFC President & Chief Executive Officer Samaila Zubairu, underscoring both institutions’ shared commitment to mobilizing long-term capital for the transformational infrastructure Africa urgently needs. The new credit line builds on BADEA’s equity investment in AFC in 2020 and a cooperation framework established the same year to jointly develop projects across critical sectors.
For AFC, the funding will directly support its mandate to accelerate infrastructure across the continent—spanning power generation, transport and logistics, telecommunications and digital networks, heavy industry, mining, and natural resources. With AFC’s proven capacity in project development, structuring, and execution, the capital is expected to flow into high-impact projects that fuel economic transformation and unlock sustainable growth.
“As a shareholder of AFC, BADEA has been a valued and long-standing partner in advancing our mandate,” Zubairu said. “By deploying capital into sustainable, high-impact infrastructure, we continue to create pathways for inclusive economic growth across the continent.”
Almusaibeeh echoed this sentiment, emphasizing BADEA’s expanding role in Africa’s development financing ecosystem. “Today’s signing of this $75 million line of credit speaks volumes about BADEA’s agility to respond to development needs with a variety of instruments of different maturities,” he said.
The funds also strengthens AFC’s broader funding strategy—one aimed at diversifying its capital base while partnering more deeply with shareholder institutions. By scaling collaboration with BADEA, AFC reinforces its position as the partner of choice for delivering resilient, high-quality infrastructure that underpins Africa’s long-term competitiveness.
Since its establishment in 2007, AFC has become a central player in Africa’s economic transformation, investing over $17 billion in projects that expand power access, modernize ports and industrial zones, support digital connectivity, and build the backbone industries that drive sustainable growth.
BADEA—established in 1975 and owned by 18 Arab League member states—continues to be one of Africa’s most important multilateral financiers. Its renewed commitment through this facility signals growing confidence in Africa’s economic trajectory and the rising role of African-led institutions in shaping the continent’s development future.
