
Friday 27th June 2025
By inAfrika Reporter
Angola has officially joined the Africa Finance Corporation as a sovereign shareholder, marking a strong vote of confidence in the institution’s development model and sending a clear signal about the country’s long-term strategy. Angola’s equity investment of $184.8 million makes it the AFC’s 43rd member state and underlines its intent to play a central role in the transformation of its own economy and the region.
The move builds upon earlier investments, including a $25 million injection from Angola’s Sovereign Wealth Fund earlier this year. With this new stake, Angola becomes the second Lusophone country after Cape Verde to join the Corporation, reflecting growing interest among Portuguese-speaking African nations to deepen continental integration through finance and infrastructure.
AFC President Samaila Zubairu welcomed the development, calling Angola’s commitment a reflection of both belief in AFC’s vision and a call to action for other African nations. Over the past decade, AFC has invested nearly $1 billion in Angola across energy, transport, and natural resources, helping the country improve its industrial base and reduce reliance on imports.
Angola’s government, under President João Lourenço, has pushed a comprehensive reform agenda to attract private capital, diversify the economy, and create sustainable jobs. Joining AFC aligns with that effort and provides access to innovative project structuring, co-financing, and a robust pipeline of infrastructure deals. AFC’s presence in Angola is expected to deepen, especially in energy and logistics, sectors where the country holds significant potential.
This membership sends a clear signal to global investors: Angola is open for business, committed to development, and ready to build long-term partnerships that benefit not only its economy but also the wider southern African region. Through this move, Angola has joined a growing circle of African countries that are not waiting for change but are actively shaping it.