Bronze Partners 2020
The African Trade Insurance Agency (ATI)
The African Trade Insurance Agency (ATI) was founded in 2001 by African countries to encourage more inward investments by providing insurance against trade and investment risks. ATI does this by removing the perceived and real investment, political and credit risks that are linked to many transactions. Specifically, ATI covers risks such as expropriation, non-payment by governments, state-owned companies and & corporates, non-honoring of sovereign and sub-sovereign obligations, political violence (including terrorism and sabotage), currency inconvertibility and embargoes.
ATI currently insures trade and investments worth over USD 5 billion or an average of 1-2% of GDP annually in its member countries. ATI’s partners and clients include African Governments, lenders, traders (both domestic & international), project developers and insurers.
Since 2008, ATI has been ranked as one of the highest rated institutions in Africa with an ‘A/stable’ rating for Financial Strength and Counterparty Credit by Standard & Poor’s.