ATIDI
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ATIDI Profit Jumps 20% as Ruto Backs Finance Reforms
The African Trade and Investment Development Insurance (ATIDI) reported a 20% increase in profit for 2025 as African leaders renewed calls for stronger continental financial institutions to drive development and reduce dependence on external financing. Speaking during ATIDI’s 26th Annual General Meeting in Nairobi, President William Ruto urged African countries to strengthen homegrown financial institutions…
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KfW Becomes ATIDI Shareholder in Move to Boost German Investment in Africa
The German development bank KfW Development Bank has become the latest shareholder in the African Trade & Investment Development Insurance in a bid to strengthen the insurer’s capital base and its capacity to support trade and investment across Africa. KfW joins as the 13th institutional shareholder in ATIDI, a move that signals deeper economic ties…
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ATIDI Approves $84M Guarantee for Rwanda Airport Project Bonds
The African Trade and Investment Development Insurance (ATIDI) has approved a Sh10.8 billion ($84 million) counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds and guarantees totaling over Sh41.5 billion ($322 million). These guarantees have been extended to a joint venture of three contractors undertaking the construction of the New…
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