Nigeria: AfDB loan supports ATI membership
Issue 384
- 17 Jan 2019
| 1 minute read
The African Development Bank (AfDB) has approved a $14.12m facility supporting Nigeria’s membership of the African Trade Insurance Agency (ATI). ATI provides political risk insurance for investment into member countries, using host government equity as collateral. Membership of ATI could allow as much as $5bn worth of investment into Nigeria to be insured by 2020, according to the AfDB.
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