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AFC eyes new Africa mine connections

Lagos-based Africa Finance Corporation has disclosed to Mining Journal it plans to massively ramp up its mining-investment exposure on the continent from about US$80 million to $500 million in three years.

AFC eyes new Africa mine connections AFC eyes new Africa mine connections AFC eyes new Africa mine connections AFC eyes new Africa mine connections AFC eyes new Africa mine connections

Africa awash with natural resources, "but getting to them and digging them out of the ground can be tricky; the infrastructure isn't there"

People who know the bank said that figure could easily climb to $1 billion over five years as Africa scrambles to plug an enormous infrastructure gap.