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The Africa Finance Corporation (AFC) plans to invest over $3 billion in infrastructure projects across the continent, focusing on key industries and supporting the AfCFTA. Established in 2007, AFC aims to drive development in Africa by leveraging the continent’s resources, including critical battery minerals for renewable energy. CEO Samaila Zubairu highlighted priority projects like a major railway linking Zambian mines to Angola’s Lobito port, aiming to boost industrialization, tackle poverty, and create jobs while positioning Africa as a leader in green logistics and sustainable development.
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