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Manuel Moses, CEO, ATIDI
ATIDI, the African Trade and Investments Development Insurance is committed to foster trade and investment across the continent through the mitigation of political and credit risks.
ATIDI offers a range of insurance products that’s includes;Investment Risk Insurance,Surety Bonds,Credit Insurance,and Breach of Contract Insurance for Energy Projects that answer the protection needs of both investors and businesses, thus guaranteeing economically active opportunities and employment within the perspective of Africa..
Much more than an insurance provider, ATIDI embodies a development-focused approach, transforming the perception of risk into tangible investment.
ATIDI hosted a webinar focused on the role of development insurance.
The session brought together media stakeholders from across the continent – to understand how innovative insurance solutions are driving sustainable development, mitigating risks and fostering economic growth.
With a special emphasis on the African market, the session provided a deep dive into strategies that are transforming the landscape of development insurance.
From its founding as a pan-African organization, ATIDI has understood the peculiar problems businesses and investors are facing across the continent.
Rather than viewing Africa as one big homogeneous risk, ATIDI differentiates between the particular conditions in each country and offers specific solutions to address identified risks.
Manuel Moses, Chief Executive Officer, ATIDI said the organization was at the center of the solution to Africa’s development agenda.
“Our unique risk-mitigating solutions are indispensable in enabling transformational projects for the benefit of African countries and their people.
First, we are well on our journey to one day count each African country as a Member State and fully realize the noble vision of the African Continental Free Trade Area (AfCFTA). As we work towards this goal, we strive to preserve the support of our Member States in upholding our Preferred Creditor Status, to leverage collaboration with other actors in our industry and to strengthen our bond with our strategic partners.”
Therefore, ATIDI’s approach is sensitized by the multivariate risks of investing in Africa: debt distress, political volatility, sustained insecurity, perennial gaps in governance, among others.
Dr. Anthony Ehimare, Chief Risk Officer at ATIDI, said international business is increasingly turbulent and unpredictable, as witnessed in a number of recent global crises.
According to him, a track record anchored on deep insight into markets; strong partnership, thorough risk assessment, and nifty mitigation mechanisms all combine to give investors a degree of comfort necessary for deepening their involvement in Africa with ATIDI.
“Investing in Africa comes with risks, among which figure debt distress, political volatility, lingering insecurity, or again persisting gaps in governance. But recent global crises demonstrate that volatility and uncertainty may be the new norm in international business.
The track record of ATIDI has shown that our unique market insight, our solid partnerships, our risk assessment, and adapted mitigation mechanisms give investors the comfort level they need to further engage in Africa. We remain committed to continuing to provide this superior quality to our partners and clients,” Ehimare said.
Being cognizant that business is an evolving concept, ATIDI has remained in the trenches of developing its product offering to meet the changing needs of clients.
Benjamin Mugisha, the Chief Underwriting Officer at ATIDI, said that the company is so determined to craft innovative solutions for SMEs.
“Business trends evolve at a breakneck pace, and at ATIDI, we’re always in step, changing our product lineup to adapt to the evolving needs of our clients,” Mugisha said.
“One focus has been developing innovative solutions that meet the specific needs of SMEs. These are the businesses driving economic development particularly in Africa, and we are committed to giving them the risk management tools needed to further their businesses.
This is how providing relevant risk solutions to African economies supports livelihood improvement, long-term development, and extra trade and investment opportunities within the continent.”
ATIDI’s commitment to fostering trade and investment extends beyond simply mitigating risks.
By providing tailored insurance products and fostering a stable investment climate, ATIDI is playing a crucial role in driving economic growth, creating jobs, and improving livelihoods across Africa.
