52251 - GTFP ATRI BOA DRC

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Summary of Investment Information

Project Number

52251

Company Name

BANK OF AFRICA RDC

Date SPI Disclosed

Apr 30, 2026

Country

Congo, Democratic Republic of

Region

Africa

Projected Board Date

Jun 8, 2026

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Jul 9, 2026

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Oct 3, 2025

Sector

Commercial Banking - Trade

Project Description

The proposed project is an unfunded trade finance facility under IFC’s Global Trade Finance Program (“GTFP” or the “GTFP facility”) of up to US$5 million. The purpose of the proposed project is to increase the availability of financing to support trade flows, particularly for small and medium enterprises (SMEs) and local corporates engaged in importing and exporting key commodities for the Democratic Republic of the Congo (DRC), such as machinery, food and agricultural goods, pharmaceuticals and IT equipment, etc. The GTFP limit will be booked under the African Trade and Supply Chain Finance Recovery Initiative (ATRI) umbrella, which is supported by the International Development Association Private Sector Window’s Blended Finance Facility (“IDA PSW-BFF) (the project).

Associated Advisory Engagement

Sponsor / Cost / Location

Development Impact

The project builds on GTFP's global platform, increasing access to trade finance to emerging markets. The Project will provide increased access to trade finance to the Issuing Bank's customers, including both corporates and SMEs. On the market side, the project will further connect the Issuing Bank's cross border connections, increasing the country's integration through both financial and real sector channels. It will help to link more traders to other countries and connect the country's financial markets more deeply.

IFC's Role & Additionality 1. A non-financial source of additionality includes GTFP’s catalytic role as a trusted facilitator among cross border correspondent banks. GTFP’s guarantee structure helps to reduce key elements of confirmation risk for banks that provide this essential service for trade finance. 2. The Project taps GTFP’s global financial institution network for trade finance, which, along with IFC’s trade finance due diligence expertise, increasing the probability of new cross border relationship formation for the Issuing Bank. 3. IFC provides comfort to the Confirming Banks by mitigating non-commercial non-environmental and social risks, such as country, regulatory, project, or political risks, while adhering to IFC’s principle of political neutrality. 4. The Project is expected to help the Issuing Bank strengthen its trade finance operations. In addition, the Issuing Bank will benefit from IFC’s technical expertise in redesigning its trade solutions and marketing materials.

E&S Category Rationale / Risks and Mitigation

This Project will support short-term trade finance activities. The E&S risks and impacts associated with these activities are considered low and the project has therefore been classified as a category FI-3 project in accordance with IFC’s Sustainability Policy. The trade finance activities supported by the Project will not include any activities on the IFC’s Exclusion List, trade in coal for power generation purposes, and trade in non-RSPO certified palm oil/non-rainforest alliance certified. IFC will review the details of all underlying trade transactions to confirm that they meet the above eligibility criteria

Contacts

For Inquiries About the Project, Contact

Bank of Africa RDC SA
Job Fuani Ndongala
Director of Business Centre
00243846000519
jndongala@boa-rdc.com
22, Avenue des Aviateurs, Kinshasa-Gombe, DRC
www.boa-rdc.com

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Local Access of Project Documentation

22, Avenue des Aviateurs, Kinshasa-Gombe, DRC

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This Summary of Investment Information (SII) is prepared by IFC to disclose a factual summary of the main elements of the potential investment. It also includes findings and recommendations related to environmental and social considerations regarding this potential investment. The purpose of the SII is to enhance the transparency of IFC’s activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the project sponsor. IFC considers that this SII is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed in advance of IFC Board of Directors’ consideration and may be periodically updated thereafter. Board dates are estimates only and this document should not be construed as presuming the outcome of the Board Directors’ decision. The following SII is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.

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