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Africa Finance Corporation Supports Infrastructural Development in Sierra Leone

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His Excellency, President Ernest Bai Koroma has invited Mr. Andrew Alli, President of the Africa Finance Corporation (AFC) to visit Sierra Leone in the first quarter of 2009. The purpose of the visit is to support infrastructure development in Sierra Leone. Mr. Alli has accepted the invitation and will lead an AFC delegation on a visit to Sierra Leone in March 2009.

AFC was established in 2007 as a private sector-led investment bank and development finance institution with the mission to improve African economies by proactively creating, acquiring, financing and managing infrastructure, industrial and financial assets.

AFC’s differentiating value proposition is to use private sector solutions to translate long standing infrastructure challenges in Africa into bankable investments. The AFC’s target sectors are: Power, Transport Infrastructure, Heavy Industries, Oil and Gas, Mining and Telecoms.

Sierra-Leone is a member of the AFC. Sierra-Leone joined the AFC in April 2008.

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