Project: Production of a bottling plant

The emergence of a competitor in the Zambian beverage industry prompted great optimism. The bottler pledged to employ over 100 staff in the first year of operation while creating growth opportunities in the value chain that includes transportation, the sugar industry, fruit growers and other small enterprises.

The lender, a local subsidiary of a reputable international banking group, fronted the operation with a loan of $7 million. The bank purchased ATI insurance to hedge their risks against default on the scheduled loan repayments.

Once completed, the plant is expected to produce five million cases of soft drinks per year, supplying beverages to the local market as well as the entire Central African region.

Maximum Sum Insured: $3.7 million