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Africa Finance Corporation secures first global rating
AFC has invested in Athi River Mining through a Sh4.2bn loan issued in October 2012. FILE
Multilateral lender Africa Finance Corporation (AFC) has secured its first international credit rating from Moody’s Investors Service (Moody’s).
The lender has been in the market for more capital over the past four months, securing $380 million from international creditors for onlending to private businesses.
