The funding, approved on May 22, is intended to reinforce ATIDI’s capital base and expand its political risk and credit insurance products, which help businesses and investors manage risks associated with operating in African markets. ATIDI provides coverage designed to reduce exposure to commercial and political uncertainties, thereby enabling greater flows of investment.

AfDB Vice President for Private Sector, Infrastructure and Industrialisation Solomon Quaynor said the investment aligns with the Bank’s Ten-Year Strategy for 2024–2033, which focuses on mobilising financing for development and promoting private-sector-led growth. The move is also consistent with the Bank’s policy on non-sovereign operations, which supports private investment without direct government borrowing, as well as with the goals of the African Continental Free Trade Area to deepen regional trade.

ATIDI Chief Executive Officer Manuel Moses said the transaction marks another milestone in the longstanding partnership between the two institutions. The AfDB became a member of ATIDI in 2013, and the two organisations have since collaborated on expanding risk mitigation coverage, supporting large-scale development projects and helping de-risk parts of the Bank’s portfolio. Moses said the latest investment would strengthen efforts to build Africa’s New Financial Architecture for Development and help catalyse trade and investment at greater scale.

The investment comes at a time when demand for risk mitigation tools is growing, as African countries seek to attract more private capital while navigating global economic uncertainty. By expanding ATIDI’s capacity, the Bank aims to improve investor confidence and unlock financing for projects that might otherwise be considered too risky, particularly in infrastructure, energy and industrial sectors.

–AfDB/ChannelAfrica–