Citi and AfDB sign risk agreement for African trade

Region:

Middle East & Africa

Daniel Sheriff

CEO

The African Development Bank (AfDB) has signed a $50-million Risk Participation Agreement (RPA) with Citi to support trade transactions originated by issuing banks in Africa. The facility will help address critical market demand for trade finance in Africa by providing support for trade in vital economic sectors such as agribusiness and manufacturing. In addition, it will foster financial sector development and regional integration, and contribute to government revenue generation.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Perspective

14 August 2026

ECA volumes cruise well in H1

With a total aggregated debt volume of $70.8 billion in the first half this year, ECA activity was solid but not necessarily in the sectors it needs to be to realise the race...

Agencies shift towards reconstruction in Ukraine

Perspective

21 August 2026

Agencies shift towards reconstruction in Ukraine

Ukraine is no longer waiting for peace to finance its recovery. But generous terms, layered guarantees, war-risk cover, fund anchors and public balance sheets are taking the...

Must See

Imagro's Pollio talks Sace and supplier credits

Video

30 July 2026

Imagro's Pollio talks Sace and supplier credits

Massimo Pollio, CEO of Imagro, evangelises about the potential for supplier credits for European growth, financing Egyptian rail infrastructure, working with Sace using its 'push' strategy, on the sidelines of TXF Global in Prague.

Perspective

14 August 2026

ECA volumes cruise well in H1

With a total aggregated debt volume of $70.8 billion in the first half this year, ECA activity was solid but not necessarily in the sectors it needs to be to realise the race to net zero.

Perspective

21 August 2026

Agencies shift towards reconstruction in Ukraine

Ukraine is no longer waiting for peace to finance its recovery. But generous terms, layered guarantees, war-risk cover, fund anchors and public balance sheets are taking the place of conventional private capital.