Despite the pandemic and commodity-driven headwinds impacting its operating environment, the corporation saw its annual profits increase by 26.6 per cent to $209.7 million in 2021, passing the $200 million mark for the first time in its 15-year history, from $165.5 million in 2020.The dramatic increase can partly be attributed to investments in high impact assets in targeted sectors across Africa.
He stated that, “we have proven over our 15-year history that we can successfully build a track record in infrastructure investment in Africa and there has never been a better time to do so.” Governor, Anambra State who was also a former governor of CBN, Chukwuma Charles Soludo, added that, “AFC was set up to be a game changer in terms of its catalytic role in moving Africa forward. AFC was experiment also in African capital developing Africa.
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