Comoros Joins Africa Finance Corporation to Boost Infrastructure Development

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has welcomed the Union of Comoros as its 44th member country, underscoring growing support from more than three-quarters of Africa’s nations. This membership enables Comoros to explore strategic opportunities for advancing critical infrastructure projects.

Comoros' decision to join AFC highlights confidence in the Corporation’s role as a key driver of African development.

As an island nation positioned at the intersection of Africa and the Indian Ocean, Comoros faces unique climate challenges. AFC’s broad development mandate provides Comoros with access to its expertise in project development and capital mobilisation.

“This is a momentous step for the Union of Comoros as we officially join the AFC,” said Ibrahim Mohamed Abdourazak, Minister of Finance, Budget, and Banking of Comoros. “This membership opens new doors for infrastructure development and economic growth. Given the Corporation’s track record, we are confident that this partnership will accelerate our nation’s transformation.”

“We are pleased to welcome Comoros as our 44th member,” said Samaila Zubairu, President and CEO of AFC. “This partnership reflects a shared ambition to explore sustainable development solutions. We look forward to working with the government of Comoros to identify opportunities that align with their national priorities.”

AFC’s extensive membership across Africa reinforces its position as a leading provider of infrastructure solutions on the continent.