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Miga Risk Mitigation

Technical downside protection is guaranteed on covered portfolio companies by political risk insurance through a partnership with MIGA/World Bank. ADC and MIGA signed a first-of-its-kind master agreement whereby ADC investments in pre-defined countries are eligible to be covered against political risks: exchange controls, FX transfer risk, war civil disturbance and expropriation of assets.

 

Once insurance coverage on a specific investment is confirmed, ADC will be repaid 90 % of its invested capital, including retained earnings in any of the above mentioned insurance cases. Through this partnership, ADC also has access to the World Bank network of experts.

 

Currently BancABC Botswana, iVeri and RHEAL are covered by MIGA insurance.

 

Master Agreement http://www.miga.org/news/index_sv.cfm?aid=2220

BancABC Botswana http://www.miga.org/projects/index.cfm?pid=944

RHEAL http://www.miga.org/news/index_sv.cfm?stid=1506&aid=2969

Topics: political risk insurance, ADC-MIGA master agreement