PROJECT

Projects

Summary of Investment Information

Project Number

48174

Company Name

GTLP Citi Africa

Date SPI Disclosed

Jul 21, 2023

Country

Africa Region

Region

Africa

Projected Board Date

Sep 15, 2023

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Apr 26, 2025

Department

Global Trade & Supply Chain

Industry

Financial Markets

Previous Events

Approved : Apr 24, 2024
Signed : Apr 23, 2025

Sector

Commercial Banking - Trade and Supply Chain

Additional Project Attributes

Blended Finance

Project Description

GTLP Citi ATRI Africa project (the “Project”) is a funded risk sharing facility with Citibank, N.A. (“Citi” or the “Bank”) in a portfolio of trade transactions involving financial institutions in Africa, primarily in IDA-PSW countries. Under the facility, IFC will provide up to 75% (or up to US$200 million) of funded risk mitigation in the pool of eligible trade transactions between Citi and Emerging Market Issuing Banks (“EMIBs”) in African countries, ultimately supporting the importers and exporters of essential goods throughout the continent.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation