African infrastructure and industrial development funding agency, the Africa Finance Corporation (AFC), has made a successful strategic return to the Islamic finance market, after a gap of eight years. The AFC has secured a three-year $400-million Shariah-compliant Commodity Murabaha facility. This reflected the AFC’s policy of diversifying its funding sources, to ensure ethical and sustainable funding for African infrastructural development. “This transaction reaffirms AFC’s role as a bridge between global capital and Africa’s most urgent infrastructure needs,” highlighted AFC president and CEO Samaila Zubairu. “The overwhelming demand demonstrates strong confidence in our investment strategy and Africa’s increasing importance in the Islamic finance landscape. By expanding our international funding sources, we continue to create innovative financial solutions to drive impactful and sustainable developments across the continent.”