The African Development Bank Group (AfDB) has approved a US$125 million equity investment in African Trade & Investment Development Insurance (ATIDI) to strengthen the insurer’s capital base and expand its trade, credit and political risk insurance products across Africa.
The investment comes amid growing demand for risk-mitigation solutions that support foreign direct investment and intra-African trade, helping businesses and investors navigate commercial and political uncertainties on the continent.
ATIDI provides trade, credit and political investment insurance to businesses and investors operating in its member states, offering protection against risks that can hinder cross-border trade and investment.
“The proposed investment is in line with the bank’s 10-year strategy (2024–2033), as it encourages private-sector solutions and increases financing for Africa,” said Solomon Quaynor, vice-president for private sector, infrastructure and industrialisation at the AfDB.
“It is also fully aligned with the policy on non-sovereign operations, which aims to support private-sector investments and projects in regional member countries, and with the African Continental Free Trade Area’s objective of boosting regional trade across the continent.”
ATIDI chief executive officer Manuel Moses described the equity investment as “yet another milestone in the exemplary partnership between ATIDI and the African Development Bank Group.”
“The bank became a member of ATIDI in 2013 and since then our institutions have successfully collaborated to expand ATIDI’s geographic footprint, de-risk part of the bank’s portfolio and enable flagship development projects across the continent,” he said.
Moses said the strengthened partnership would support Africa’s New Financial Architecture for Development and help catalyse trade and investment at a scale capable of driving sustainable economic transformation.
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ATIDI was established in 2001 through a treaty among African states with technical and financial support from the World Bank Group. The AfDB joined the institution in 2013 and remains a strategic partner.
As of May 2026, ATIDI had 38 shareholders comprising African countries, including Zimbabwe, and institutional investors.
Headquartered in Nairobi, the insurer also maintains representative offices in Benin, Côte d’Ivoire, Tanzania, Uganda and Zambia.
Since its inception, ATIDI has supported US$93 billion worth of investments and cross-border trade into Africa. The institution was named Development Finance Institution of the Year at the The Banker Awards 2025 in recognition of its growing developmental impact.
Over the past 25 years, ATIDI has grown into one of Africa’s leading providers of development insurance and among the continent’s highest-rated financial institutions. It works with partners including the African Union, the World Bank Group, Common Market for Eastern and Southern Africa, the European Investment Bank and the Norwegian Agency for Development Cooperation to provide innovative credit and investment insurance products that support sustainable economic growth across Africa.
