Africa Finance Corporation (AFC) has signed a Host Country Agreement with the Government of Kenya, officially establishing its first regional office in Nairobi.
The agreement was signed during the Africa We Build Summit on 25 April 2026.
The signing was witnessed by H.E. President William Samoei Ruto, with H.E. Dr. Musalia Mudavadi, Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, signing on behalf of Kenya. AFC was represented by its President and CEO, Samaila Zubairu.
Strategic Role of the Nairobi Office
The AFC Nairobi Office will serve as a strategic base for transaction origination, capital mobilisation, and the execution of cross-border infrastructure projects across East Africa.
The AFC plans to deploy and mobilise over US$2 billion in investments in the region over the next three to five years, with a focus on high-impact sectors including:
- Logistics and trade corridors
- Power and transmission infrastructure
- Special economic zones
- Digital infrastructure
- Climate-resilient assets
Kenya was selected due to its strategic location, robust digital and financial infrastructure, and established position as a regional hub for logistics, finance, and technology.
The office will also support the development of local currency financing solutions and enhance project bankability to attract greater institutional capital.
Existing AFC Footprint in Kenya
Since 2017, AFC has committed over US$1.3 billion to projects in Kenya. Notable investments include the Dongo Kundu Integrated Industrial Park, Naivasha Special Economic Zone II (in partnership with Arise Integrated Industrial Platforms), and the expansion of Jomo Kenyatta International Airport.
READ ALSO:Africa Finance Corporation Diversifies Funding Base with US$100 Million India Exim Bank Loan
Leadership Statements
Prime Cabinet Secretary Musalia Mudavadi welcomed the establishment of the office, noting Kenyaβs role as a continental hub for infrastructure and investment.
President William Ruto described the agreement as pivotal for the countryβs development agenda under Vision 2030.
Nairobiβs position as a logistics, finance and technology hub makes it a natural anchor for AFCβs East African operations
Samaila Zubairu, President and CEO of AFC
The establishment of Africa Finance Corporationβs first regional office in Nairobi represents a major boost for infrastructure financing and development across East Africa.
With plans to deploy and mobilise over US$2 billion in the region over the next three to five years, the office will strengthen transaction origination, capital mobilisation, and project execution in critical sectors.
Africa Finance Corporation Overview
Africa Finance Corporation headquarters
Located at 3A Osborne Road, Ikoyi, Lagos.
Africa Finance Corporation credit rating
- S&P: A / A-1 (Positive outlook)
- Moodyβs: A3 (Stable outlook)
- JCR: A+ (Stable outlook)
These investment-grade ratings reflect strong liquidity, capital base, and infrastructure financing capability.
Africa Finance Corporation Annual Report
The annual report outlines AFC investments across power, transport, telecoms, natural resources, and industrial projects across Africa.
Africa Finance Corporation loan
AFC provides large infrastructure loans and project finance. The institution recently closed a $1.5 billion syndicated loan facility with global lenders to support investments and corporate funding.
Leave a Reply