ATI is a multilateral financial institution providing export credit insurance, political risk insurance, investment insurance and other financial products to help reduce the business risks and costs of doing business in Africa. It facilitates exports, foreign direct investment into and trade flows within the continent.
ATI was launched in 2001 with the financial and technical support of the World Bank and the backing of seven African countries. The African Development Bank recently joined as shareholder and partner by funding countries to join ATI.
Since 2003, ATI has supported over $17 billion worth of trade and investments across the continent, secured an investment grade rating of 'A' from Standard & Poor's, and expanded membership with plans to attract even more African member countries and international financial institutions in the near term.
ATI is able to conduct business in the following African countries: Benin, Burundi, Democratic Republic of Congo, Kenya, Madagascar, Malawi, Rwanda, Tanzania, Uganda, Zambia.ATI is governed by a UN-registered Charter that is based on international standards of accountability. ATI is governed by three key structures, which are regulated by their members:
- The General Meeting represents all members and holds authority over Key administrative and financial management issues
- The Board of directors represents the classes of shareholders
- CEO manages the day-to-day operations of the Agency