Browsing: African Trade Insurance Agency (ATI)

• ATI has supported a $305M loan by Deutsche Bank to Angola’s Ministry of Finance.
• The loan will support the construction and rehabilitation of a national road project.
• Angola is prioritizing transportation and logistics network to improve trade.

African Trade Insurance Agency (ATI) has provided $350 million assistance to Deutsche Bank with a thorough nonpayment insurance cover. The insurance will protect the bank against non-payment by the Government of Angola on the loan advanced to the Ministry of Finance. The ministry will build and repair Angolan National Road.

Angola transport and logistics system

The infrastructure project is a top priority for the government of Angola and is crucial for the country’s growth. It would strengthen the transport and logistics system in a geographically important corridor while facilitating trade. It will improve access to the port of Luanda while acting as a supplemental route to the Luanda Railway. The railway is a …

Analysts at the African Trade Insurance Agency (ATI) annual roundtable noted that Africa is expected to see a subdued economic recovery in 2021 and not likely to reach 2019 growth levels until 2022.

The ATI virtual discussion hosted Uganda, Ghana and Senegal, international financial partners and risk analysts to discuss the most urgent risks and mitigation solutions.

During the virtual meeting, ATI’s newly appointed Chief Executive Officer, Manuel Moses emphasized the importance of partnerships that will help African economies recover from the pandemic. He also said that ATI with the support of partners like the European Investment Bank and the African Development Bank, it plans to go through rapid membership expansions so as to lend more support to the most vulnerable economies.

One of the striking features of the impact of the pandemic that was revealed as a key factor that should guide the continent’s recovery is that the pandemic …

The Republic of South Sudan’s path to economic recovery has not been an easy one, however, the country’s 2017 decision to join the African Trade Insurance Agency (ATI) has been a positive step in the right direction.

ATI, a multilateral provider of investment and trade credit insurance, offers insurance against political and commercial risks, by attracting foreign direct investments into the region. 

In just a few short years, ATI’s support for the country is valued at over US$500 million.

Albert Rweyemamu, a Senior Underwriter at ATI, shed some light on the organisation’s work with South Sudan, which has largely focused on the oil/ gas and power generation sectors.

Since South Sudan became an ATI member country in 2017, how has your approach to the country changed? 

AR: Generally, ATI supports limited projects in non-member states as we cannot confer our Preferred Creditor Status (PCS), which offers protection against political …