Petroleum importation - African Trade Insurance Agency

Project: Petroleum importation

Sectors: Electricity, Gas and Water Supply

The government of Malawi created a new state-owned company to more efficiently respond to the urgent demands from its citizens for petroleum. To support this company in its efforts to import adequate supplies of petroleum, ATI provided an insurance policy against currency transfer restriction to PTA Bank the financier. The project is expected to support the government in its quest to meet demand and to quell the public’s concerns.

Maximum Sum Insured: $40 million

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