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.
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▪ 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.
▪ https://www.africabusinessplus.com/en/810226/aegf-to-guarantee-energy-investments-up-to-e100m/
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.
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