in Short
Infrastructure : Africa Finance Corporation signed a line of credit of $ 350 million with the BAD
![](https://africa-news-agency.com/wp-content/uploads/2023/12/Africa-Finance-Corporation.jpg)
Africa Finance Corporation (AFC), announced that it signed a long-term credit line of 350 million US dollars with the African Development Bank (BAD), during the 28th Conference of the Parties (COP 28).
The agreement supports the urgent financing of infrastructure projects in its priority sectors, notably energy, transport, telecommunications and natural resources and aimed at supporting sustainable development and economic growth.