Cardoso appointed AFC Board Chairman

Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has been appointed Chairman of the Board of Directors of the Africa Finance Corporation (AFC), a leading infrastructure investment institution focused on addressing Africa’s development needs.
The corporation announced the appointment in Lagos yesterday, October 14, 2026, saying Cardoso would succeed Ireti Samuel-Ogbu, who served as chairman and will remain on the board as a member.
Cardoso’s appointment comes as AFC intensifies efforts to mobilise investment for major infrastructure and industrial projects across Africa, including railways, fertiliser production and digital infrastructure.
The corporation said Cardoso’s expe...