The Board of Directors of the African Development Bank Group (AfDB) has approved a $125 million equity investment in the African Trade and Investment Development Insurance (ATIDI) to support growing demand for trade and investment risk mitigation solutions across Africa.
Approved on 22 May, the investment will strengthen ATIDI’s capital base and expand its political risk and credit insurance offerings, helping to unlock foreign direct investment and boost intra-African trade.
Supporting Africa’s Trade and Investment Growth
ATIDI, formerly known as the African Trade Insurance Agency, provides trade, credit and political risk insurance to businesses and investors operating across its African member states. Its solutions are designed to reduce the commercial and political risks often associated with doing business on the continent.
According to Solomon Quaynor, Vice President for Private Sector, Infrastructure and Industrialisation at the African Development Bank Group, the investment aligns with the Bank’s Ten-Year Strategy (2024–2033), which prioritises private-sector-led growth and increased financing for Africa.
