PROJECT

Projects

Summary of Investment Information

Project Number

50831

Company Name

BANCO DE FOMENTO ANGOLA S.A.

Date SPI Disclosed

Mar 13, 2026

Country

Angola

Region

Africa

Projected Board Date

Dec 5, 2025

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Mar 14, 2026

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Nov 18, 2024

Sector

Commercial Banking - Trade

Project Description

The proposed project is an unfunded trade finance facility processed under IFC’s Global Trade Finance Program (GTFP) of up to US$30 million to Banco de Fomento Angola (BFA or the Bank). The proposed IFC trade facility aims to support the Bank's international trade operations. GTFP offers confirming banks partial or full guarantees covering payment risk on issuing banks in emerging markets for trade related transactions (the Project).                                                  

Associated Advisory Engagement

                                         

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation