Africa: AFC and Munich Re Launch a $1b Risk-Sharing Program for African Trade

[Daba Finance] The Africa Finance Corporation (AFC) and the German reinsurer Munich Re have launched a $1 billion risk-sharing program. This initiative aims to facilitate the financing of imports and exports on the African continent. This major program was launched on October 27, 2026. It addresses the financing needs of African trade, which often faces liquidity and risk constraints imposed by banks.