Dignitaries from the Benin Republic Ministries of Finance, Foreign Affairs and Industry, Trade and Crafts along with the Head of the country’s Banking Association officially launched the African Trade Insurance Agency’s (ATI) West Africa regional office.
ATI is a Pan-African investment and trade credit insurer, helping to de-risk Africa in order for the continent to attract more investments. Real and perceived risks have historically prevented investors from looking at Africa.
The office launch caps a six year relationship between ATI and Benin, the first West African country to become a shareholder, which has evolved into a valuable partnership. In 2018, the partnership culminated in ATI’s insurance support helping the government of Benin attract €610 million of financing to fund priority infrastructure projects.
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