Equatorial Guinea has become the 47th member of the Africa Finance Corporation, the continental body said in a statement on Thursday.
- •Equatorial Guinea, one of Africa’s most resource-rich nations, has outlined a long-term national vision focused on industrialisation, economic diversification beyond hydrocarbons, and the expansion of world-class transport, logistics, energy, and digital infrastructure.
- •The country’s Horizon 2035 strategy prioritises investments that can accelerate value addition, boost regional integration, enhance human capital, and strengthen resilience against global market volatility.
- •As a Member State, Equatorial Guinea gains access to AFC’s suite of products including project preparation, equity investments, debt financing, and risk mitigation instruments designed to mobilise financing into bankable, transformational projects.
"Equatorial Guinea is prioritising investments that diversify our economy, strengthen our infrastructure base, and create sustainable opportunities for our people. AFC’s proven track record, deep expertise, and commitment to African-led development make it an ideal partner for delivering bankable projects that support long-term growth." Ivan Bacale Ebe Molina, Minister of Finance, Planning and Economic Development said.
With Equatorial Guinea’s accession, AFC caps a year in which three new countries joined the Corporation, expanding membership to 47 African nations.
