Aluko & Oyebode is proud to have acted as Nigerian legal advisers to a syndicate of 26 global lenders on the landmark US$2 billion syndicated term loan facility extended to the Africa Finance Corporation (AFC), the largest single funding facility raised by AFC to date.

The facility will support AFC’s role as a catalyst for sustainable economic growth and infrastructure development across Africa.

We are delighted to have played a role in delivering this milestone financing transaction.

Reflecting on the transaction at the closing dinner in London, our partner, Funmilayo Otsemobor, noted:

“There has been a growing momentum behind transformative investments across the region, and we look forward to the far-reaching impact and sustainable growth this transaction will drive.”

The Aluko & Oyebode team was led by partner Funmilayo Otsemobor, with support from associates Njideka Okafor and Oluwaseyi Olayinka.