Africa – The Africa Finance Corporation (AFC) has announced the signing of a $350 million credit line agreement with the African Development Bank (AfDB) during COP 28. This significant financial support is aimed at accelerating the financing of infrastructure projects in various key sectors.

According to Africa News Agency, the agreement with the AfDB will enable urgent funding for projects in priority areas such as energy, transportation, telecommunications, and natural resources. This initiative is part of a broader strategy to promote sustainable development and economic growth across the continent.