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Home » AFC to monetise land bank by mid-year
Companies & Markets

AFC to monetise land bank by mid-year

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“The group remained adequately capitalised and above the minimum regulatory capital for regulated entities, partially through titled peri-urban land.
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AGRICULTURAL Finance Corporation (AFC) Holdings wants to monetise its vast tracts of peri-urban land during the first half of 2025 as it seeks to unlock capital to finance operations across its subsidiaries. AFC, which was established following the restructuring of Agribank in 2021, is wholly owned by Mutapa Investment Fund, the country’s sovereign fund. It…

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