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 Address to refer: https://www.researchchannel.co.za/article/african-development-finance-institution-secures-its-biggest-ever-debt-facility-2024-03-26
 Article Headline: African development finance institution secures its biggest ever debt facility
 Abstract: African infrastructure funding specialist, the Africa Finance Corporation (AFC), announced on Tuesday that it had successfully closed its largest ever debt facility. This is a $1.16-billion syndicated loan, which had attracted new lenders from Asia, Europe and the Middle East. The AFC’s target had been $1-billion, but the facility had been upsized because it had been oversubscribed by 49%. The syndicated loan has a period of three years, and its success highlights the confidence of global investors in the AFC.
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