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ATIDI

African Trade & Investment Development Insurance

Joined BU in: 2012
Institution Type: Multilateral
ATIDI

aboutAbout us

ATI is now ATIDI - African Trade & Investment Development Insurance.

Over the past decade, we have adapted in step with the needs of our member states, stakeholders and shareholders to deliver critical risk solutions for investing and doing business in Africa.

ATIDI was founded in 2001 by African States to cover trade and investment risks of companies doing business in Africa. ATI predominantly provides Political Risk, Credit Insurance and, Surety Insurance. Since inception, ATIDI has supported USD78 billion worth of investments and trade into Africa. For over a decade, ATIDI has maintained an ‘A/Stable’ rating for Financial Strength and Counterparty Credit by Standard & Poor’s, and in 2019, ATIDI obtained an A3/Stable rating from Moody’s, which has now been revised to A3/Positive.

 

 

adress Address details

Email:
underwriting@atidi.africa
Phone:
+254 20 272 6999
adress Address:
Kenya Re Towers, 5th Floor, Upperhill off Ragati Road P.O. Box 10620, Nairobi, GPO 00100, Kenya

facilitesMajor facilities

We offer two main insurance products that cover political and trade credit risks. Foreign direct investment risks fall under our political risk insurance. We also offer reinsurance coverage to insurance companies operating in or supporting business into or out of our African member states. Here is a selection of the political trade credit risks that are covered by our insurance policies: Expropriation, arbitral award default, transfer restriction, mobile assets, war, civil disturbance or civil commotion, unfair calling of bonds, embargo, comprehensive non-payment.

historyHistory

Founded: 2001

Ownership: ATIDI is currently owned by the following African member countries and public/private sector organizations: Angola, Benin, Burundi, Cameroon, Cote d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Madagascar, Malawi, Niger, Nigeria, Rwanda, Senegal, South Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe.

Institutional shareholders include the African Development Bank, African Reinsurance Corporation, Atradius Group, Chubb, CESCE, India represented by ECGC, NEXI, Kenya Re, SACE, The Common Market of Eastern and Southern Africa (COMESA), TDB (former PTA Bank), The PTA Re Insurance Company (ZepRe) and UKEF. 

Joined Berne Union in: 2012

contactsMain contact

name job title
Ekira Nyaga
Ekira Nyaga
Communications Assitant
ATI Admin
ATI Admin
Sheila Ongas
Sheila Ongas
Communications Officer
Benjamin Mugisha
Benjamin Mugisha
Chief Underwriting Officer

contactsSenior Management

name job title
Linda Bwakira
Linda Bwakira
General Counsel & Corporate Sec
Benjamin Mugisha
Benjamin Mugisha
Chief Underwriting Officer
Manuel Moses
Manuel Moses
Chief Executive Officer