Lomé, 10 October 2023 – ATIDI completed a workshop hosted by the Togolese Ministry of Economy and Finance, on the topic of «Investment and credit risk-mitigating solutions», during which the pan-African insurer presented its range of risk-mitigating solutions to a wide array of private investors, decision makers and development partners, and discussed how Togo could benefit from them.
In April 2020, Togo became ATIDI’s 18th member state, thanks to a USD 12.5 million capital injection. At the time, ATIDI operated as the African Trade Insurance Agency, ATI.
ATIDI’s active pipeline in Togo is valued at USD 315 million (approximately 190 billion CFA Francs) in the finance, agriculture and transport sectors. The organization is now gearing to in expand its pipeline in the country, which is a recognized logistic and business hub in West Africa.
ATIDI has grown from operating in just seven countries in 2001, into a pan-African institution with 21-member countries, present across Africa with a significant global reach. ATIDI is now implementing its 2023 – 2027 corporate strategic plan which sets ambitious goals for the organization’s growth and impact on Africa’s development. The multilateral pan-African insurer recently rebranded from ATI to ATIDI, an identity which provides a better fit to its growing stature as the multilateral trade and investment insurer on the continent.
Quote from Kodjo Attaty, Senior Underwriter – West Africa Francophone Countries, ATIDI
« Togo is one of ATIDI’s member states and an important element for our organization’s strategy. We are already engaging in this country, but are poised to now increase our interventions, in line with Togo’s development priorities. In this regard, we presented, alongside the Togolese Ministry of Economy and Finance, our unique range of solutions and discussed with key public and private stakeholders, about possible avenues of collaboration to enable projects that will benefit Togo and its people. »
