Malawi: Guarantee for Nkhotakota solar

Issue 427 - 19 Nov 2020

The African Trade Insurance Agency (ATI) has announced it is providing liquidity cover for the 37MW Nkhotakota solar PV plant. The cover is being provided through ATI and KfW’s Regional Liquidity Support Facility (RLSF). The $67m plant is one of Malawi’s first commercial-scale independent solar power projects. The payment risk guarantee is being issued for an initial tenor of ten years, after which ATI will have the option to review and renew the agreement.

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