ATIDI Targets US$2 Billion Capital to Scale African Investment
Pan-African · FINANCE Key Facts —Capital target: ATIDI aims to double its capital to $2 billion over roughly two years, CEO Manuel Moses told Reuters in August 2026. —Guarantee capacity: The recapitalisation could lift annual guarantee capacity from about $3 billion historically to as much as $20 billion. —AfDB investment: The African Development Bank approved […] The post ATIDI Targets US$2…
The African Trade and Investment Development Insurance agency, known as ATIDI, is planning to double its capital to US$2 billion within the next two years. This recapitalization effort, spearheaded by CEO Manuel Moses, aims to significantly boost the institution's capacity to support infrastructure and trade finance projects across the continent. Currently operating with a capital base of US$791.5 million, Moses stated that the primary bottleneck impeding ATIDI's growth is its limited financial resources.
The African Development Bank (AfDB) has already contributed to this initiative by investing US$125 million in ATIDI, increasing its ownership stake from around 3% to 14%. This equity injection was officially announced on June 4, 2026, signaling robust backing for ATIDI's expanded role. Additionally, Germany's KfW Development Bank entered as a shareholder on April 29, 2026, with a US$32 million investment.
ATIDI, established in 2001 by African states, focuses on de-risking infrastructure and trade through political risk insurance, credit insurance, and guarantees. These tools make projects more attractive to private lenders who might otherwise avoid investing in African ventures due to perceived risks. The agency's total exposure currently stands at US$9.2 billion, with equity of US$883 million as of the end of 2025.
Moses emphasized that raising ATIDI's capital to US$2 billion would equip the institution to underwrite larger transactions and provide coverage for more countries, addressing the vast infrastructure financing needs of Africa.
While the AfDB and KfW commitments amount to US$157 million, they represent only a fraction of the US$1.2 billion required to achieve the US$2 billion target. Discussions are underway with France, other G7 nations, and about 30 African countries that are not yet ATIDI members. The expansion of shareholder base underscores the growing consensus that Africa's infrastructure challenges necessitate pooled risk capacity from a diverse set of stakeholders.
The success of ATIDI's capital increase will determine its ability to deploy US$20 billion in annual guarantees and unlock the private investments needed to fuel Africa's infrastructure development.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
