About Us

Who We Are

A pan-African organization that provides trade credit and political risk insurance to companies, investors and lenders interested in doing business in Africa. With deep roots in Africa, we are best positioned to understand and assess the risks here – and help mitigate them.

With both a commercial and developmental mandate, we aim at improving Africa’s risk perception and attracting affordable investments in support of sovereign governments and the private sector.

Our Journey

In 2000, a group of East African countries, under the leadership of COMESA, commissioned a World Bank-funded study to look into why the region wasn’t attracting adequate Foreign Direct Investments. The results showed political risks to be the primary concern of investors.

Established with the technical & financial support of the World Bank, this study led to the creation of the African Trade Insurance Agency (“ATI”), now rebranded as African Trade & Investment Development Insurance (ATIDI). We are registered with the UN as a Multilateral Organization and offer a range of insurance products/guarantees focused on increasing trade and investments into Africa.

The robust risk solutions we offer our clients have seen our financial partners come to rely on our assessments because of our credibility, financial strength and underwriting capacity.

Our Value Proposition

ATIDI has a good market position in Africa, based on the scale of our underwriting penetration and benefits from significant local expertise and understanding in several African countries. We currently insure trade and investments worth over USD8 billion.

With risk mitigation tools to cover both inward investments and outward trade, we have you covered no matter where your business takes you in Africa.

Our Vision, Mission, Mandate and Values

Vision

To be the premier pan-African risk mitigation institution that aids the transformation of Africa into a prime destination for trade and investment .

Mission

To turn African risk into opportunity – as we Rethink Risk – by providing innovative insurance and financial products in partnership with the private and public sector.

Mandate

To facilitate, encourage and develop the provision of, or the support for insurance, including coinsurance, reinsurance, guarantees, and other financial instruments and services to promote trade, investment, and other productive activities in supplement to those which may be offered by the private sector, or in cooperation with the private sector – resulting in the development of the African continent.

Values

We strive to carry out our business with the below values:

Integrity

In our transactions and relationships with our stakeholders and with each other, we are honest, trustworthy and reliable

Transparency and Accountability

In our transactions and relationships with our stakeholders and with each other, we are transparent and accountable

Creativity

We embrace new ideas and respond swiftly to changes in our environments

Unity of purpose

We dedicate ourselves to pursuing the agreed common goals

Diligence and Efficiency

We deliver on our commitments accurately and promptly

Stakeholder first approach

We meet our internal and external stakeholders’ expectations

Why You Should Partner with ATIDI

  1. ATIDI lowers the cost of doing business on the continent by facilitating local and international trade on open account basis, open new markets etc
  2. ATIDI offers local expertise through our regional offices, insurance partners, credit agencies, and debt collection companies. This strengthens our ability to collect financial information on local companies
  3. ATIDI’s strong relationship with our African member governments (the shareholders), thanks to our preferred creditor status (PCS), provides added assurance that claims will be avoided or resolved fairly.
  4. ATIDI has strong reinsurance partners with a minimum ‘A’ credit rating from internationally recognised credit rating agencies.
  5. ATIDI upholds strong underwriting standards based on best global underwriting practice. ATIDI’s underwriting team is equally strong, representing global professional and cultural diversity with professionals in banking, insurance, and economics, which enhances our  understanding of the continent.
  6. ATIDI is proactive, connected, and has sound oversight, underpinned by a strong corporate governance
  7. ATIDI is financially sound. Standard & Poor’s and Moody’s  continue to recognise our financial strength. This has been reflected in our rating since 2008 and 2019 respectively, which places us as the highest-rated African insurer. Our credibility has attracted a client base that includes central banks, equity investors, suppliers of capital goods, and infrastructure contractors.
  8. ATIDI offers sensible and flexible pricing in line with market practice, based on a thorough understanding of the risk.