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Pension fund CPF eyes stake in Africa Finance Corporation
CPF Financial Services Chief Executive Officer Hosea Kili (left) with Africa Finance Corporation President and CEO Samaila Zubairu during the signing of a memorandum of understanding (MOU) between Africa Finance Corporation and CPF Financial Services to jointly collaborate on infrastructure investments in Kenya on September 4, 2023, at CPF offices in Nairobi. PHOTO | LUCY WANJIRU | NMG
Pension fund CPF Financial Services is set to make an equity investment in the Africa Finance Corporation (AFC) as it seeks to diversify its investments from traditional asset classes.
CPF managing director Hosea Kili made the revelation on Monday even as he remained tight-lipped on the value of its proposed investment in the pan-African lender.
