We are pleased to announce that Africa Finance Corporation (AFC),has secured an inaugural Sustainability-Linked Term Loan Facility, raising AED 937.50 million (US$255 million). This transaction marks a significant milestone in AFC’s innovative funding strategy and deepens its financial ties with the UAE.
The transaction aligns future borrowing costs to measurable environmental outcomes through predefined Sustainability Performance Targets (SPTs), allowing AFC to benefit from reduced loan costs upon achieving key sustainability targets.
This milestone transaction is a showcase of the Corporation’s commitment to leveraging financial innovation to fund transformative infrastructure across Africa.
Read the full announcement: https://t.co/UFnOD3cJp3
We are extremely grateful to Ange for his commitment and contribution during his two years at the Club.
Ange will always be remembered as only the third manager in our history to deliver a European trophy.
Thank you Ange 🤍