Africa Finance Corporation

Unverified
Country
NG
Website
spowidget.iss-corporate.com
2 Impact Reports
1 Framework
1 Prospectus
1 Second Party Opinion
XFID Type Title Year Source Retrieved
XF-QN0I0EJ-N Framework Africa Finance Corporation Green Bond Framework 2020 s3.eu-central-1.amazonaws.com 14 Apr 2026
XF-30PBG7G-V Prospectus Africa Finance Corporation Green Bond Swiss Prospectus 2020 s3.eu-central-1.amazonaws.com 14 Apr 2026
XF-ZMX87LK-Y Impact Report Africa Finance Corporation Green Bond Impact Report 2020 2020 s3.eu-central-1.amazonaws.com 14 Apr 2026
XF-T977FLA-A Impact Report Africa Finance Corporation Green Bond Impact Report 2022 2022 s3.eu-central-1.amazonaws.com 14 Apr 2026
XF-BLUWMKT-I Second Party Opinion ISS ESG Second Party Opinion: Africa Finance Corporation Green Bond Framework 2020 www.issgovernance.com 20 Mar 2026

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Africa Finance Corporation, Africa (Multilateral, 27 member African states) IMPACT REPORT 2020
Issuer sector/industry classification
Financial & Insurance Activities IMPACT REPORT 2020
Issuer type
Multilateral Financial Institution FRAMEWORK 2020
Total equity and assets
Total Equity of US$2.7 billion and total assets of US$10.5 billion (2022) IMPACT REPORT 2022
Credit rating
Moody's A3 / P-2 IMPACT REPORT 2020
Member states
27 member African states FRAMEWORK 2020
Institutional structure
Structured as a partnership between public and private sector investors with private sector majority shareholders IMPACT REPORT 2020

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Africa Finance Corporation Green Bond Framework, September 2020 FRAMEWORK 2020
Bond types covered under framework
Green Bond FRAMEWORK 2020
Framework publication date and update history
September 2020 FRAMEWORK 2020
Eligible use-of-proceeds categories
Wind Energy (Onshore), Hydro Power, and other renewable energy and infrastructure projects SPO 2020
Project evaluation and selection process description
Selection process includes AFC's definition of Green Projects with consideration of short and long-term social, economic and environmental impacts FRAMEWORK 2020
Management of proceeds approach
Green Bond Program Proceeds Monitoring and Management of Proceeds FRAMEWORK 2020
Reporting commitments under framework
Commitment to periodic impact reporting with external review FRAMEWORK 2020

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Institutional Shareholder Services (ISS), 14 September 2020 SPO 2020
SPO assessment scope and methodology
Pre-issuance verification of Green Bond Framework and Asset Pool covering use of proceeds, project selection, and reporting SPO 2020

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Confirmed alignment with ICMA Green Bond Principles SPO 2020
Alignment with UN Sustainable Development Goals
Confirmed contribution to UN SDGs SPO 2020

Corporate Strategy & Mission

Corporate mission and sustainability strategy
To provide pragmatic solutions to Africa's infrastructure deficit by developing and financing infrastructure, natural resources and industrial assets for enhanced productivity and economic growth. Focus on long-term regional and sectoral benefits as template for future investment. FRAMEWORK 2020
Corporate purpose statement relating to sustainability
AFC is committed to investing in projects that will provide substantial, measurable benefit to a region or sector in the long term and will be the template for future infrastructure investment and development. FRAMEWORK 2020
ESG strategy focus areas
Infrastructure development, natural resources, industrial assets, local resource utilization, job creation, eco-system financing, economic integration and community transformation FRAMEWORK 2020
Sectoral investment focus
Power, Transport, Telecommunications, Heavy Industries, Natural Resources FRAMEWORK 2020

Proceeds Allocation & Reporting

Cumulative disbursed amount
US$7.2 billion across 30 countries FRAMEWORK 2020

Changes Over Time

Items where disclosed information changed across documents.

Corporate mission and sustainability strategy
2020 Provide pragmatic solutions to Africa's infrastructure deficit by developing and financing infrastructure, natural resources and industrial assets for enhanced productivity and economic growth
2022 Prioritises sustainability by focusing on development and climate challenges critical to African continent's future
Cumulative disbursed amount
2020 US$7.2 billion across 30 countries
2020 US$8.70 billion
ESG strategy focus areas
2020 Sustainability integrated in decision-making, operations, projects, and all activities throughout the corporation
2022 Environmental and social governance integration; Climate finance mainstreaming; Strategic partnerships for competitive financing solutions