Supply of fuel to a copper mine - African Trade Insurance Agency

Project: Supply of fuel to a copper mine

Sectors: Mining and Quarrying

A South African based fuel importer faced a challenging situation. Rising fuel prices combined with its client’s need to ramp up production meant they required greater capacity to fill the order. They sought help from a premier African bank, which set up a financing facility. ATI then stepped in with a $4 million policy that protects the bank against non-payment by the fuel importer.

Maximum Sum Insured: USD 7 million

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