PROJECT

Projects

Summary of Investment Information

Project Number

50333

Company Name

ABSA GTLP

Date SPI Disclosed

Apr 21, 2025

Country

Africa Region

Region

Africa

Projected Board Date

May 30, 2025

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Nov 19, 2025

Department

Global Trade & Supply Chain

Industry

Financial Markets

Previous Events

Approved : May 30, 2025
Signed : Jun 23, 2025

Sector

Commercial Banking - Trade and Supply Chain

Additional Project Attributes

Blended Finance

Project Description

 The GTLP ATRI Absa Project is an unfunded Risk Sharing Facility (RSF) with Absa Group  (“Absa Group ” or the “Bank”) in a portfolio of trade transactions in Africa, Under the facility, IFC will provide up to 75% (or up to $100 million) of unfunded risk mitigation in the pool of eligible trade transactions between Absa Group  and Emerging Market Issuing Banks (“EMIBs”) in African countries, ultimately supporting the importers and exporters of goods throughout the continent.  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation