Angola becomes Africa’s Finance Corporation shareholder

by PEDRO AGOSTO
LUANDA – ANGOLA has become the latest sovereign shareholder of the Africa Finance Corporation (AFC), the continent’s infrastructure solutions provider.

The equity investment further strengthens Angola’s partnership with AFC and underscores the country’s confidence in AFC’s mandate to accelerate sustainable development and regional integration through transformational infrastructure.

As a member of the AFC since 2022, Angola has deepened its strategic partnership with the institution through a landmark equity investment commitment of US$184,8 million.

Earlier in 2025, the Fundo Soberano de Angola, Angola’s Sovereign Wealth Fund, also made a $25 million equity investment in AFC.

“Angola’s capital commitment underscores the impact of sovereign alignment with AFC’s mandate to catalyse Africa’s transformation,” said Samaila Zubairu, President and CEO of AFC.

He added it affirmed the value of combining national vision with AFC’s model of delivering critical infrastructure, deploying innovative financing solutions, and forging catalytic partnerships.

“This marks a significant step in AFC’s journey to broaden shareholder representation across Africa,” Zubairu said.

Angola becomes the second Lusophone African nation, after Cape Verde, to join the growing list of equity investors in AFC.

“Angola’s shareholding investment in AFC signals our strong belief in the power of partnerships to deliver lasting economic transformation,” said Dr. Vera Daves de Sousa, Angola’s Minister of Finance.

AFC and Angola have initiatives such as the Lobito Corridor project, where AFC is acting as lead developer alongside other partners.

The multi-country transport network connects Angola, Zambia, and Democratic Republic of Congo (DRC).

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