Angola Secures €75 Million from AFC to Build 186 Bridges and Upgrade National Roads
Angola Accelerates Infrastructure Growth with €75 Million Boost from Africa Finance Corporation
Angola has received a significant boost to its transportation infrastructure, with the disbursement of €75 million from the Africa Finance Corporation (AFC).
This funding is part of an €85 million sovereign facility designed to transform the country’s national road network.
The investment will support the construction of 186 priority bridges and strategic upgrades to key national roads.
These initiatives are aligned with Angola’s National Development Plan (2023–2027), which aims to modernize infrastructure, enhance connectivity, and stimulate economic growth.
According to the Ministry of Finance, the project is expected to reduce transportation costs, improve market access for farmers, and create approximately 900 direct jobs—particularly in underserved and rural communities.
The funding arrangement, solely managed and financed by the AFC, forms a core part of a larger €381.5 million infrastructure package.
This broader effort includes partnerships with the U.S. Export-Import Bank, Standard Chartered Bank, Portuguese engineering firm Conduril, and U.S.-based bridge manufacturer Acrow.
AFC President and CEO Samaila Zubairu described the investment as a “catalytic move” to enhance regional trade, connect remote regions, and improve the quality of life for millions of Angolans.
“This disbursement showcases AFC’s ability to structure and finance impactful infrastructure projects that align with national priorities and drive economic transformation,” Zubairu stated.
Beyond enhancing road access, the project is also designed to improve climate resilience, foster regional integration, and streamline logistics across Southern and Central Africa.
The AFC reaffirmed its commitment to partnering with African governments to deliver sustainable, high-impact infrastructure that addresses the continent’s urgent development challenges.
