African Trade Insurance Agency
|Purpose||Mitigation of political, investment and commercial risks in Africa|
|Headquarters||Kenya Re Towers, 5th Floor, Upperhill, Nairobi, Kenya|
|Products||Investment Risk Insurance Performance Bonds|
|18 African Countries
1 Non-African Country10 Institutional Investors
|English & French|
|Toavina Ramamonjiarisoa, Ag. CEO
Benjamin Mugisha, CUODeepak Dave, CRO
The African Trade Insurance Agency, also known as ATI, was established in 2001 by seven COMESA countries and with the technical and financial backing of The World Bank to provide insurance against political and commercial risks in order to attract foreign direct investments (FDI) into the region. ATI is Africa's only multilateral investment and credit insurer and as of 31 December 2019 it had supported trade and investments into Africa valued at over US$62 billion  since inception and for H1 2020, ATI recorded US$6.5 billion in Gross Exposures and US$390.8 million in equity.
ATI was created in 2001 to help drive much needed investment insurance capacity to Africa in order to support higher levels of foreign direct investments. Seven COMESA countries obtained a grant from the World Bank to conduct a study to look at factors contributing the low levels of FDI to their countries. The study revealed political risk to be the main constraint and the primary concern of prospective investors. The study expanded into a World Bank project (The Regional Trade Facilitation Project I) from which ATI was created. ATI launched in 2001 in Kampala, Uganda  and opened its doors in Nairobi, Kenya, ATI's head office.
ATI has 18 member countries and 11 other corporate shareholders like the African Development Bank, Trade Development Bank, UK Export Finance (UKEF), SACE, Chubb and Atradius. India became the first non-African member country to become a shareholder through its government-backed export credit agency, ECGC
|Paid up Capital||Non-African Member Countrties||Paid-up Capital||Other Shareholders||Paid-up Capital|
|Benin||14.1||India (ECGC)||11.7||African Development Bank||15.0|
|Burundi||15.4||African Reinsurance Corporation||1.0|
|Democratic Republic of Congo||19.5||Chubb Limited||10.0|
|Ghana||17.6||Kenya Reinsurance Corporation||1.0|
|Madagascar||7.1||Trade Development Bank||1.0|
|Malawi||17.5||UK Export Finance||0.1|
|South Sudan||9.1||SACE SpA||10.0|
|Tanzania||17.0||Trade Development Bank||1.0|
|Togo||12.3||UK Export Finance||0.1|
- African Development Bank
- African Export-Import Bank
- Africa Finance Corporation
- Berne Union
- Chubb Limited
- Mizuho Corporate Bank
- Nippon Export & Investment Insurance (NEXI)
- Sumitomo Mitsui Banking Corporation
- The World Bank
- Trade Development Bank
- "Insuring Africa". The Economist. Retrieved 2018-09-04.
- 2018 Annual Report & Accounts (PDF). Nairobi, Kenya: ATI. 2019. p. 5.
- "H1 2019 Results" (PDF). ATI. 30 June 2019. Archived (PDF) from the original on September 2019. Retrieved 16 September 2019.
- The World Bank (3 April 2001). "Regional Trade Facilitation Project 1". World Bank. Retrieved 6 September 2018.
- ATI (4 September 2003). "ATI and World Bank Agency join forces to boost African private sector investment". ATI. Retrieved 6 September 2018.
- Ngugi, Brian (29 August 2018). "ATI's credit rating upheld on expanding shareholder base". Retrieved 4 September 2018.
- The Hindu BusinessLine (19 July 2018). "To invest $10 million in ATI". The Hindu BusinessLine. Retrieved 4 September 2018.
- Smith-Juvelis, Alexis (28 April 2020). "African Trade Insurance Agency 'A' Ratings Affirmed On Criteria Revision;Outlook Remains Stable" (PDF). ATI. Archived (PDF) from the original on April 2019. Retrieved 16 September 2019.
- Smith, Alexis (25 September 2018). "African Trade Insurance Agency Assigned 'A' Financial Enhancement Rating" (PDF). ATI. Archived (PDF) from the original on 25 September 2019. Retrieved 25 September 2019.
- Holmes, Brandan (29 May 2019). "African Trade Insurance Agency New Issuer - Strong balance sheet and preferred creditor status offsets high-risk insured exposures" (PDF). ATI. Archived (PDF) from the original on 29 May 2019. Retrieved 29 May 2019.