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EMEA Champion Awards 2017: AFC President Andrew Alli wins awards

R- L: Oliver Andrews, Chief Investment Officer, Africa Finance Corporation; Andrew Alli President & Chief Executive Officer, Africa Finance Corporation; Christopher Moore, Publisher EMEA Finance

Africa Finance Corporation (AFC) President, Andrew Alli just recently received the Champion of Finance Award, for his outstanding achievement in, and lifetime contribution to, the field of Finance, and for relentless contributions to the sustainable development of Africa’s infrastructure. 

Andrew Alli, who has served as Africa Finance Corporation’s President and CEO since 2008, was awarded the Champion of Finance Award by London-based publisher, EMEA Finance.

Andrew Alli and the transformation of the continent

Alli’s leadership has been demonstrated through projects that have transformed the continent, particularly in countries that traditional investors have typically shied away from.

Alli has previously worked for organisations such as the International Finance Corporation (IFC), and PricewaterhouseCoopers (PwC), that have used financial innovation and expertise to contribute to the development of Africa.

“Under Alli’s leadership, AFC has, over the last ten years, evolved from a US$1 billion start-up into an institution that is a powerful force on the continent with a balance sheet of US$4.2 billion. It currently has a membership of 20 countries, an A3 Credit rating by Moody’s Investor Services, making it the second highest rated African lending institution.”

The group has also invested in various capacities in a number of landmark African projects:

“AFC’s Chief Investment Officer Oliver Andrews was also recognized as a Champion of Finance at EMEA Finance’s Project Finance Awards 2017.”

Africa Finance Corporation

AFC is an investment grade multilateral finance institution that was established in 2007 with an equity capital base of $1 billion, to be the catalyst for private sector-led infrastructure investment across Africa. With a current balance sheet size of approximately $3.5 billion, AFC is the second highest investment grade rated multilateral financial institution in Africa.

The AFC has set out to bridge the infrastructure investment gap, and its negative impact on the growth and social development of African economies.

Sources: Footprint2africa & AFC

Author: Gova-Media