NAIROBI, 29 January 2016 – In a recent announcement Global Trade Review (GTR) announced the winners in their annual Africa Leaders in Trade Award, where The African Trade Insurance Agency (ATI) topped the list as Best Political Risk and Trade Credit Insurer in Africa. GTR is the world’s leading news source, publisher and event organiser for the global trade, commodity, export and supply chain finance industries, with offices in London, Hong Kong, Singapore and Dubai. Through its market-leading magazine, GTR provides essential news and analysis for corporates, bankers, lawyers, insurers and more working within these sectors.
At the end of 2015, GTR requested everyone involved in the trade finance market to vote in its annual GTR Africa Leaders in Trade poll. These are the results.
Best ECA in Sub-Saharan Africa: ECIC
Best trade finance law firm in Sub-Saharan Africa: Norton Rose Fulbright
Best development bank in Sub-Saharan Africa: AfDB
Best alternative financier in Sub-Saharan Africa: Barak Fund Management
Best trade finance bank in West Africa: FBN Bank
Best trade finance bank in East Africa: PTA Bank
Best trade finance bank in Angola: Banco Privado Atlantico
Best trade finance bank in Botswana: RMB
Best trade finance bank in Côte d’Ivoire: Standard Chartered
Best trade finance bank in DRC: Trust Merchant Bank
Best trade finance bank in Ghana: Ecobank
Best trade finance bank in Kenya: Kenya Commercial Bank (KCB)
Best trade finance bank in Mauritius: MCB
Best trade finance bank in Mozambique: Barclays Mozambique
Best trade finance bank in Nigeria: Zenith
Best trade finance bank in South Africa: Standard Bank
Best trade finance bank in Tanzania: CRDB
Best trade finance bank in Uganda: Stanbic
Best trade finance bank in Zambia: Barclays Zambia
Best trade finance bank in Zimbabwe: Afreximbank
Best political risk and trade credit insurer: ATI
Best political risk and trade credit broker: CGNMB
ATI is becoming known as a one-stop destination for investors and others interested in doing business in Africa. The company provides market intelligence along with a wide range of political, investment and trade credit risk insurance products. The products are also created to help countries attract more investments and to promote domestic trade. Another value addition is that ATI’s ‘A/Stable’ S&P rating increases the bankability of covered transactions and projects. As of 2014, ATI has helped its member countries attract over $18 billion worth of trade and investments into their economies.
