Munich Re and AFC Launch $1B Debt Mobilization Programme

Key Facts

1Munich Re and Africa Finance Corporation signed a $1 billion managed debt mobilization programme.

2The programme aims to provide risk-sharing support for trade finance across African financial institutions.

Munich Re and the Africa Finance Corporation (AFC) signed a $1 billion managed debt mobilization programme. Benzinga reported that the initiative aims to provide risk-sharing support for trade finance across African financial institutions, enhancing the capacity of banks to finance international and intra-African trade flows.

The programme initially covers 38 financial institutions across 11 African countries, with both parties agreeing to review the scope for additional instruments and sectors over time. This partnership builds on AFC's track record of investing over $19 billion across 36 countries, while Munich Re reported insurance revenue of €60.4 billion for the 2025 financial year.