AEGF to guarantee energy investments up to €100m

The African Energy Guarantee Facility is being launched by the European Investment Bank (EIB), German reinsurer Munich RE, the African Trade Insurance Agency (ATI-ACA) and German development bank KfW.

25/11/2021 at 17h36, by Africa Business+

The facility’s purpose is to provide an insurance-type guarantee for long-term energy projects in sub-Saharan Africa to cover political risks, with ATI-ACA as the initial primary insurer for projects of between €1 million and €100 million.

Recommended articles

Bank

24/11/2021 at 18h25, by Africa Business+

ETI’s Ade Ayeyemi signs €100 million credit facility and €15 million risk-sharing facility with EIB’s Ambroise Fayolle

As with the $50m package provided by CDC Group last July – as revealed by Africa Business+ at the time...

Construction & Infra

22/12/2020 at 17h41, by Africa Business+

Werner Hoyer (EIB) gives green light for electrification of Eastern Rwanda

The bank has endorsed major financing for the country’s mega electrification project, mobilising the...

Renewable energies

07/12/2020 at 16h52, by Africa Business+

Jonathan E. Shaw’s Nuru to roll-out 14 MW of mini-grids in DRC with EIB support

A project worth several tens of millions of dollars is in the offing in a market where several players...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com