Absa adds to deal with World Bank-affiliated insurer and guarantor
Absa and the Multilateral Investment Guarantee Agency have agreed to expand upon existing transactions, increasing cover to about $1bn
27 June 2024 - 16:05
Absa has expanded its agreement with the World Bank-affiliated Multilateral Investment Guarantee Agency (Miga), an international financial institution that offers political risk insurance and credit enhancement guarantees.
The aim is to enhance financial capacity specifically for investments in pan-African climate finance projects...
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