Connect with us
Anglostratits

Business

African Trade and Investment Development Insurance (ATIDI) Hosts Deep Dive Webinar on Development Insurance and Shapes the Future of Risk Mitigation in Africa

Published

on

ATIDI

The pan-African development insurer is set to host its 2025 Annual General Meeting and Investor Roundtable in Luanda, Angola, from 18 to 21 June

NAIROBI, Kenya, February 4, 2025/APO Group/ — 

In an effort to promote the growing need for effective risk management in Africa, ATIDI (www.ATIDI.Africa) 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.

Download presentation: https://apo-opa.co/3ColzGY

Development insurance plays a pivotal role in fostering economic growth by providing investment, trade and political risk-mitigation covers designed to attract foreign direct investment (FDI) into development projects. Unlike traditional insurance, development insurance is a specialized field focused on creating a secure environment for investors by addressing unique risks.

ATIDI exemplifies this approach by offering tailored solutions that mitigate risks and provide investors with an added layer of security and confidence. This assurance enables them to engage in critical development projects, knowing their capital and interests are safeguarded against unforeseen challenges such as political instability, currency inconvertibility and default risks. Through its innovative and specialized products, ATIDI is not only facilitating FDI but also driving sustainable development across Africa, transforming perceived risks into opportunities for economic advancement.

ATIDI, legally known as the African Trade Insurance Agency, was founded in 2001 by African States and with technical and financial backing from COMESA and the World Bank, to cover trade and investment risks of companies doing business in Africa. At that time, the continent attracted a bleak USD47 billion dollars of FDI, due in part to perceived or actual risk for interested investors. Though this figure has improved, Africa’s financing gap remains abysmal, with USD200 billion in additional investment needed to achieve the SDGs by 2030 [1].

ATIDI has grown to 24 Member States (https://apo-opa.co/3CKjViM) and 13 institutional shareholders. The organization aspires to eventually have all African countries as members. In pursuit of this goal, ATIDI has established and strengthened strategic partnerships with leading development and financing institutions, including the African Union, the African Development Bank, the World Bank Group, the European Investment Bank, KfW and Norad. ATIDI has earned an A2 rating with a stable outlook from Moody’s and an A rating with a stable outlook from S&P, reflecting its financial strength and credibility.

ATIDI has demonstrated resilience amid challenging market conditions, achieving profit growth while strategically managing its risk and exposure. The organization continues to support trade and investment across Africa with a portfolio of over USD85 billion since inception. ATIDI is implementing an ambitious 2023-2027 corporate strategy, targeting capital of USD1 billion and membership increase by 25%, while optimizing it processes and systems.

By providing tailored risk solutions, we empower African economies, improve livelihoods, and contribute to long-term development, all while fostering greater trade and investment

ATIDI has supported several flagship projects across Africa, showcasing its commitment to sustainable economic growth and financial stability. The 20 MW Ituka West Nile Uganda Ltd solar project (https://apo-opa.co/42Ig94m) promotes renewable energy access. In Benin and Togo, ATIDI supported the refinancing and re-profiling of existing loans (https://apo-opa.co/4hzGBkK), underscoring ATIDI’s commitment to supporting financial stability and economic reforms. Furthermore, ATIDI has been supporting key infrastructure transactions, including road and irrigation projects in Côte d’Ivoire, Tanzania, and Senegal among others. In all these countries, ATIDI’s comprehensive credit risk insurance enabled access to longer debt tenures, and a reduced all-in interest rate. In collaboration with MDBs, ATIDI has provided cover for blended finance transactions such as in the BITA Water Project in Angola (World Bank), improving access to clean water and sanitation and an SDG loan in Benin (AfDB). Furthermore, ATIDI’s Regional Liquidity Support Facility (RLSF) (https://apo-opa.co/4hKkgRo) enhances bankability by providing risk mitigation for development initiatives in renewable energy.

The pan-African development insurer is set to host its 2025 Annual General Meeting and Investor Roundtable in Luanda, Angola, from 18 to 21 June.

Quote from Manuel Moses, CEO, ATIDI

“ATIDI is at the center of the solution to Africa’s development agenda. Our unique risk-mitigating solutions are essential to enable transformational projects benefiting African countries and their citizens. 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”

Quote from Benjamin Mugisha, Chief Underwriting Officer, ATIDI

“Business trends are rapidly evolving, and at ATIDI, we are continuously adapting our product line-up to meet the changing needs of our clients. One key focus has been the development of innovative solutions tailored specifically for SMEs. These businesses play a crucial role in driving economic growth, particularly in Africa, and we are committed to providing them with risk management tools that they need to thrive. By providing tailored risk solutions, we empower African economies, improve livelihoods, and contribute to long-term development, all while fostering greater trade and investment opportunities across the continent.”

Quote from Dr. Anthony Ehimare, Chief Risk Officer, ATIDI

Investing in Africa comes with the 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. ATIDI’s track record has proven that our unique market insight, our solid partnerships, our risk assessment and adapted mitigation mechanisms provide investors with the comfort level they need to further engage in Africa. We remain committed to continue providing this superior quality to our partners and clients.


[1]: UNCTAD Global Investment Trends Monitor, No. 46 (https://apo-opa.co/3CCKNkQ)

Distributed by APO Group on behalf of African Trade and Investment Development Insurance (ATIDI).

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

Published

on

Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Business

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

Published

on

Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

Continue Reading

Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

Published

on

Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

Continue Reading

Trending