Oliver Andrews, Chief Investment Officer of AFC, commented on the announcement: “Mining exports have historically played a crucial role in Guinea’s economy, accounting for up to a quarter of Guinea’s exports. Equally, investment in Guinea’s infrastructure will help to rebuild and diversify the economy following the Ebola crisis. Distributed by African Media Agency (AMA) on behalf of Africa Finance Corporation (AFC). Established in 2007 to be the catalyst for private sector infrastructure investment across Africa, AFC is now the second highest investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody’s Investors Service. In terms of impact, AFC has invested more than US$ 4 billion in projects across 26 African countries to date.

Source: GNN Liberia February 06, 2017 22:37 UTC