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AFC Gets New India Exim Bank Facility, Cuts Western Dependence

4/23/2026

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Summary

Story summary

AFC signed a financing facility with India Exim Bank at its Investor Day in London.
The agreement follows a $100 million facility arranged between AFC and India Exim Bank in 2021.
AFC will use the new facility to diversify funding beyond bond markets and Western lenders.
India’s credit support expands its influence in Africa alongside China, Europe, Gulf states and the United States.

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Story summary

AFC signed a financing facility with India Exim Bank at its Investor Day in London.
The agreement follows a $100 million facility arranged between AFC and India Exim Bank in 2021.
AFC will use the new facility to diversify funding beyond bond markets and Western lenders.
India’s credit support expands its influence in Africa alongside China, Europe, Gulf states and the United States.