{"id":12360,"date":"2015-08-18T13:10:11","date_gmt":"2015-08-18T13:10:11","guid":{"rendered":"https:\/\/www.atidi.africa\/in-a-bid-to-build-stronger-markets-for-trade-in-africa-ati-partners-with-euromoney-learning-solutions-to-offer-accredited-training\/"},"modified":"2015-08-18T13:10:11","modified_gmt":"2015-08-18T13:10:11","slug":"in-a-bid-to-build-stronger-markets-for-trade-in-africa-ati-partners-with-euromoney-learning-solutions-to-offer-accredited-training","status":"publish","type":"post","link":"https:\/\/www.atidi.africa\/ja\/in-a-bid-to-build-stronger-markets-for-trade-in-africa-ati-partners-with-euromoney-learning-solutions-to-offer-accredited-training\/","title":{"rendered":"In a bid to build stronger markets for trade in Africa, ATI partners with Euromoney Learning Solutions to offer accredited training"},"content":{"rendered":"<p><strong>NAIROBI, 18 August 2015\u00a0\u2013<\/strong>A lot has changed since the African Trade Insurance Agency\u00a0(ATI) first opened its doors 15 years ago. At that time, political risk was seen as the key\u00a0impediment to increasing the continent\u2019s fortunes. Since then, trade has become a focal\u00a0point for what many see as the golden solution to helping Africa develop to its full economic\u00a0potential. Lack of knowledge however, remains one of the biggest stumbling blocks to\u00a0achieving greater trade volumes in Africa.<\/p>\n<p>ATI provides political risk and trade credit insurance to a range of domestic, multilateral and\u00a0international clients. Although the company began covering trade risks only in 2006, this\u00a0product is proving to be the most predictable and in-demand. But increasingly the company\u00a0acknowledged that in order to help African companies become more competitive with this\u00a0product, they need to invest in disseminating knowledge to change the business culture.<\/p>\n<p>\u201cIn our region, banks and companies are not familiar with credit and political risk insurance,\u00a0which, in many cases, can make it easier to do business. This insurance can replace cash\u00a0collateral for borrowers, companies can give credit to their clients and explore new markets\u00a0without fear, importers can get better conditions from foreign suppliers and investors can\u00a0remove the political risks. Banks and companies need to better understand what is possible\u00a0and how the insurance works to maximise existing opportunities,\u201d notes Jef Vincent, ATI\u2019s\u00a0Chief Underwriting Officer.<\/p>\n<p>This was the main impetus behind ATI\u2019s decision to partner with Euromoney Learning\u00a0Solutions (a division of Euromoney Trading Limited) to develop a tailor-made course that will\u00a0take participants through a three-day program on Credit, Political Risk Insurance and Export\u00a0Credit Agency financing. The inaugural program, which was over-subscribed, will run from 18\u00a0to 20 August at the Crowne Plaza. Participants include professional staff from:<\/p>\n<p>\u2022 Afreximbank (Egypt)<br \/>\n\u2022 the African Development Bank (C\u00f4te d\u2019Ivoire)<br \/>\n\u2022 the African Guarantee Fund (Kenya)<br \/>\n\u2022 Africa Re (Nigeria &amp; Kenya)<br \/>\n\u2022 East African Development Bank \u2013 EADB (Uganda)<br \/>\n\u2022 the Export Credit Corporation of South Africa Ltd &#8211; ECIC (South Africa)<br \/>\n\u2022 The Islamic Corporation for the Insurance of Investment and Export Credit \u2013 ICIEC\u00a0(Saudi Arabia)<br \/>\n\u2022 PTA Bank (Kenya &amp; Burundi); and<br \/>\n\u2022 Shelter Afrique (Kenya)<\/p>\n<p>\u201cDue to the overwhelming demand seen in this initial course offering and in line with our\u00a0mandate to develop the Credit and Political Risk insurance market in Africa, we plan to roll\u00a0out a training program that will offer this course twice a year. We feel that it\u2019s important to\u00a0invest in building capacity in Africa. Knowledge will continue to be the gateway to our\u00a0success as a continent,\u201d commented George Otieno, ATI\u2019s Chief Executive Officer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NAIROBI, 18 August 2015\u00a0\u2013A lot [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970],"tags":[],"class_list":["post-12360","post","type-post","status-publish","format-standard","hentry","category-970"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/posts\/12360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/comments?post=12360"}],"version-history":[{"count":0,"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/posts\/12360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/media?parent=12360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/categories?post=12360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atidi.africa\/ja\/wp-json\/wp\/v2\/tags?post=12360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}