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Overview


Infrastructure plays a critical role in growth, competitiveness, job creation, and poverty alleviation. Over 600 million Africans still do not have access to modern energy and the penetration rate for internet is less than 10%, while only a quarter of Africa’s road network is paved. Access to basic infrastructure services remains a critical challenge in Africa, with studies showing that poor road, rail and port facilities add 30% to 40% to the cost of goods traded among African countries, thus adversely affecting private sector development and the flow of foreign direct investment (FDI).

AFCLive2017, hosted by the Africa Finance Corporation (AFC) in Abuja, Nigeria from 15th to 16th May, highlights the need to scale-up infrastructure investments across the continent by mobilising international and domestic financial resources, as well as drawing on current case studies and exploring new solutions in project finance in order to fast track infrastructure investments.

This is the second edition of AFC Live. The inaugural summit was held in 2014. AFCLive2017 is themed ‘‘Connect. Engage. Innovate – The African Infrastructure Revolution’’ and will coincide with the Corporation’s 10th Anniversary year. Established in 2007, AFC is one of the leading African financial institutions investing in infrastructure. It has authorised capital of $2bn, with paid up capital of $1.1bn. Established in 2007, it has financed some of Africa’s most outstanding, multisectoral infrastructure projects.

The May 2017 summit is designed to provide a unique high-level platform to convene and engage African leaders, business-persons, investors, regulators and policy makers to bring about new solutions to transform African infrastructure. The summit will include a panel styled discussion and thematic debates, as well as some case studies and interactive discussions centred on the African Infrastructure Revolution.

There will be an exhibition and investor summit on day one, along with a networking cocktail reception and a 10th Anniversary dinner. Day two will feature a series of high-level panel discussions and parallel streams on topical infrastructure development themes and a working dinner that will focus on matchmaking and deal-making between policymakers, potential investors and financiers.

Key Messages
AFCLive2017 Summit
AFC is at the forefront of infrastructure dialogue in Africa

AFCLive is Africa’s leading summit, designed to develop business opportunities in the infrastructure space

The Summit will convene investors, financiers and key players in this sector from the origination and financing side

It will showcase the Corporation’s $ US$4 billion contribution to bridging the infrastructure gap in more than 26 African countries

The second in the series, AFCLive2017 will bring together current and potential investors from both African and international markets

The meeting will build and leverage public-private partnerships for continental infrastructure transformation

Many of the latest projects and opportunities across Africa will be showcased

Success stories will be shared in five key sectors: natural resources, heavy industry, telecommunications, transportation and power.
AFC's 10th Anniversary
In 2017, the Africa Finance Corporation marks 10 Years of infrastructure development in five key sectors
The infrastructure deficit is one of the major challenges hindering sustainable economic development,
environmental and social progress across continental Africa
The 10th anniversary is an opportunity to showcase the Corporation’s unparalleled knowledge of
Africa’s operating environment and its challenges
The AFC is adding real value through its proactive participation across the infrastructure value chain, delivering
competitive financial returns and positive social impact
During this period, AFC has become a leading multi-lateral African financial institution, bringing together the capital and commercial mind-set
of the African private sector with African governments, in order to deliver an African led solution to the continent’s infrastructure challenge
Over the decade, AFC has led the way in three complementary service areas (project development, financial advisory and principal investing)
The Corporation has built a diverse team of experienced professionals from investment banking, engineering and other backgrounds, to deliver
its unique approach from conceptualisation to completion
To date AFC has invested US$4 billion in more than 26 African countries in a variety of projects that will be showcased at AFCLive2017
In the last decade, AFC has completed several bilateral borrowings from development finance institutions and international commercial
banks, and its external borrowings total more than US$3.5 billion
In May 2015, AFC successfully concluded a debut US$750 million Eurobond issue which was over 6 times oversubscribed and attracted
investors from Asia, Europe and the USA.
AFC’s external borrowings now total more than US$3.5 billion
AFC has achieved and maintained an impressive A3/P-2 international investment grade rating, which is essential to its work
This rating proves the quality of the Corporation’s advice and activities, the diversity of its asset portfolio and its ability to
deliver a sound return to investors
Since inception, the Corporation’s membership base has increased steadily
AFC current members: Cape Verde; Chad; Ghana; Guinea-Bissau; Guinea; Liberia; Nigeria; Sierra-Leone, The Gambia, Gabon, Côte d’Ivoire, Rwanda, Uganda and Djibouti.

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