South Africa
Iveri Payment Technologies
$0.8 million
Financial Services
Project Brief
Not Active
In fiscal year 2009, MIGA issued a guarantee of $320,000 for ADC IT & Payment Solutions (ADC) of Mauritius covering its equity investment in Iveri Payment Technologies of South Africa. In fiscal year 2012, the contract was amended to provide additional coverage of $0.8 million, bringing MIGA’s gross exposure under the project to $1.1 million. The scope of the project has not changed. Please refer to the brief issued in fiscal year 2009.