ANGOLA SECURES A SEAT AT AFRICA’S FINANCING TABLE WITH $185M AFC INFRASTRUCTURAL INVESTMENT

Angola investment of $184.8 million signals its long-term development goals.

Angola Financial institution Africa Development goals Investment.
Angola President João Lourenço
Angola President João Lourenço


In a landmark move signaling its long-term development priorities, Angola has officially entered the shareholding structure of the Africa Finance Corporation (AFC) with a substantial equity investment of $184.8 million. 

Announced on Tuesday, June 24, this strategic commitment positions Angola not just as a member, but as a sovereign shareholder in one of Africa’s foremost infrastructure-focused financial institutions.

Though Angola became a member of the AFC in 2022, this latest investment marks a significant elevation in the relationship. It reflects the country’s deliberate shift toward mobilizing African-grown solutions for infrastructure funding and sustainable economic transformation.

The capital injection, led by Angola’s Ministry of Finance, follows a separate $25 million contribution earlier this year by the country’s sovereign wealth fund, Fundo Soberano de Angola. Together, these contributions underscore Luanda’s coherent financial diplomacy strategy, one focused on catalyzing industrial expansion, infrastructure development, and regional integration through robust institutional partnerships.

"This deepened commitment reflects our belief that strong partnerships can contribute to sustainable economic transformation. The AFC has been a reliable partner, particularly in financing projects in energy, industry, and infrastructure, at the core of our diversification efforts,” said Angola’s Minister of Finance, Vera Daves de Sousa. 

With this move, Angola becomes the second Lusophone country in Africa after Cape Verde to take a shareholder position in the AFC. The decision strengthens the institution’s pan-African character and affirms its growing appeal among member states looking to back its innovative model of infrastructure-led development.

AFC President and CEO Samaila Zubairu welcomed Angola’s enhanced role. “The commitment of Angola in terms of capital confirms the importance of aligning sovereign objectives with the AFC’s mission: providing essential infrastructure, innovating in financing, and establishing strategic partnerships between the public and private sectors.”

One such synergy is already underway: the Lobito Corridor, a flagship project co-developed by the AFC and international partners, aims to connect Angola’s Atlantic port city of Lobito to inland markets across Southern and Central Africa. It stands as a prime example of the AFC-Angola collaboration fostering regional trade, industrialization, and connectivity.

As Angola anchors itself more firmly within the AFC’s shareholder base, it sends a strong message about the future of African financing: resilient growth will increasingly be driven by African capital, strategic vision, and collective ambition.

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