(i) Expand IFC trade financing program to $ 1 billion per annum,
(ii) Support membership in African Trade Insurance Agency (ATIA)

Yokohama Action Plan

[5]Provide assistance to improve trading practices, and to build capacity in trade policy making and coordination of African countries and RECs.

Proposed Measures by Japan/Implementing Partners

● Support capacity building in trading practice and trade finance
● Provision of seminars and training courses. Expand trade insurance and support membership of African countries in the Africa Trade Insurance Agency

Potential Resources, Possible Contributions

WBG: (i) Expand IFC trade financing program in Africa to $ 1 billion per annum, (ii) Support membership of additional African countries in African Trade Insurance Agency

Implementing Partners

WBG

Related Links

Current Status of Implementation 2009

(i) IFC trade financing program

Country

Africa

Status

IFC implemented the program of US$537.72 million in total. In addition, IFC has organized 6 training programs which were facilitated (supported by the Japanese Trust Fund) and attended by 106 private sector bank staff from 10 countries for FY 2009 (including 1 training program attended by 15 bankers from 6 countries).

More information

-

Budget

-

(ii) ATIA support

Country

Africa

Status

Support for additional countries to joint ATIA provided. Currently 12 countries are members. A second project to suport ATIA is under preparation.

More information

-

Budget

-

Current Status of Implementation 2008

(i) IFC trade financing program

Country

Africa

Status

IFC implemented the program of US$667 million in total.

More information

-

Budget

-

(ii) ATIA support

Country

Africa

Status

A project to support the Africa Trade Insurance Agency was under preparation.

More information

-

Budget

-