Feature

Feature

Tiktok, Aleph and Wowzi partner to boost digital economy

- January 30, 2025

Feature

Grant Thornton Kenya, Devani-Devani & Company merge

- January 30, 2025

Feature

CBK Gets New Deputy Governor

- January 13, 2025

Feature

Calling all creatives! New free eLearning platform helps you turn your...

- May 21, 2024

Feature

World Vision Launches “ENOUGH” Campaign to End Child Hunger and Malnutrition...

- April 24, 2024

Feature

Koa Academy Wins Meltwater Entrepreneurial School of Technology (MEST) Africa Challenge...

- March 25, 2024

Feature

MKU Hosts Career Week

- January 18, 2024

Feature

DIGITAX PARTNERS WITH STATSSPEAK GROUP TO ONBOARD INDIVIDUALS & BUSINESSES ON...

- January 17, 2024

Feature

Painless, Private, Preferred: The Rise of Oral HIV Testing Among Young...

- December 4, 2023

Feature

MultiChoice Group: Resilient Operational Performance and Significant Progress in Expanding Service...

- November 15, 2023

12 3...23 Page 1 of 23

MOST POPULAR

Kudos KoT: Social media posts inspiring tax compliance says KRA

November 11, 2021

Africa Innovation Summit II – AIS welcomes Development Bank of Southern...

May 5, 2018

SAFARICOM AND RIA MONEY TRANSFER TO POWER INTERNATIONAL MONEY TRANSFERS WITH...

January 21, 2020

TV program led me to farming -Strawberry farmer

October 31, 2019

HOT NEWS

News

Government celebrates women venturing into engineering courses

Gadgets

Naivas to open two more branches

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced its equity investment in Dhamana Guarantee Company Limited (“Dhamana”), a credit enhancement facility established to unlock long-term, local-currency financing for infrastructure projects across East Africa. The investment forms part of AFC's approved commitment of up to US$20 million in capital, with an initial tranche of US$10 million in Dhamana’s core capital. Dhamana is designed to provide guarantees that enable infrastructure developers access domestic debt capital markets - particularly pension funds and institutional investors - on improved terms, while also supporting financial institutions to deepen financial inclusion. Dhamana’s operating model builds on the successful framework already implemented by similar Credit Enhancement Facilities in West Africa, notably InfraCredit Nigeria, where AFC is a founding shareholder. Commenting on the investment, Banji Fehintola, Executive Board Member and Head of Financial Services at Africa Finance Corporation, said: “Dhamana represents a strategic opportunity to deepen domestic capital markets in East Africa by linking long-term institutional savings to bankable infrastructure investments. Building on our experience with InfraCredit in Nigeria, AFC is pleased to support the establishment of another credit enhancement facility focused on East Africa that will help unlock local-currency financing, strengthen investor confidence, and accelerate infrastructure delivery across the region.” Also commenting on the investment, Christopher Olobo, Chief Executive Officer of Dhamana Guarantee Company, said: “We are delighted to welcome Africa Finance Corporation as a shareholder in Dhamana. AFC’s investment marks a major institutional endorsement of our mandate to unlock long‑term, local currency financing for infrastructure and priority sectors across East Africa. Drawing on AFC’s deep experience with credit enhancement platforms such as InfraCredit Nigeria, this partnership strengthens our capital base, governance and strategic capability as we scale our guarantee operations. We look forward to working closely with AFC to mobilise domestic institutional capital, deepen local debt markets, and deliver transactions that combine strong risk discipline with measurable developmental impact.” Dhamana is backed by a strong consortium of development partners and institutional investors, with AFC expected to play an active role in governance and strategic oversight. The Company’s pipeline spans multiple infrastructure sectors across East Africa, with a focus on transactions that deliver measurable developmental impact while meeting strong risk management and governance standards. The investment aligns with AFC’s broader strategy to support credit enhancement facilities across Africa, recognising their role in mobilising domestic capital, deepening local debt markets, and improving the financial sustainability of infrastructure projects.

News

Africa Finance Corporation (AFC) Invests in Dhamana Guarantee Company to Catalyse...

Lifestyle

Incomedia presents no-code digital growth tools at GITEX Africa 2026

Britam General Insurance Pays KES 71 million Fire Claim to Limuru Country Club

XTransfer and Ecobank Group Partner to Empower African Small and Medium-sized Enterprises’ (SMEs) Foreign Trade

Kenyan fresh produce exporters assure European buyers as logistical challenges persist

Equity Bank earns dual ISO Certifications in Security and Service

Tiktok, Aleph and Wowzi partner to boost digital economy

Grant Thornton Kenya, Devani-Devani & Company merge

CBK Gets New Deputy Governor

Calling all creatives! New free eLearning platform helps you turn your...

World Vision Launches “ENOUGH” Campaign to End Child Hunger and Malnutrition...

Koa Academy Wins Meltwater Entrepreneurial School of Technology (MEST) Africa Challenge...

MKU Hosts Career Week

DIGITAX PARTNERS WITH STATSSPEAK GROUP TO ONBOARD INDIVIDUALS & BUSINESSES ON...

Painless, Private, Preferred: The Rise of Oral HIV Testing Among Young...

MultiChoice Group: Resilient Operational Performance and Significant Progress in Expanding Service...

MOST POPULAR

Kudos KoT: Social media posts inspiring tax compliance says KRA

Africa Innovation Summit II – AIS welcomes Development Bank of Southern...

SAFARICOM AND RIA MONEY TRANSFER TO POWER INTERNATIONAL MONEY TRANSFERS WITH...

TV program led me to farming -Strawberry farmer

HOT NEWS

Government celebrates women venturing into engineering courses

Naivas to open two more branches

Africa Finance Corporation (AFC) Invests in Dhamana Guarantee Company to Catalyse...

Nigerian Youth Wins Big at Youthconneckt Africa Summit

EDITOR PICKS

Radisson Hotels launch Long Stays

S&P Global Ratings Confirms ShafDB’s Sustainability Finance Framework Meets International Green...

Airtel Money deepens support for small businesses with Bizna Wallet

POPULAR POSTS

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

EABL signs lease deal for office space in upcoming Garden City...

Facebook Introduces Messenger Rooms and More ways to connect

POPULAR CATEGORY