The Government of Ghana will be hosting the 22nd Annual General Meeting (AGM) of the African Trade Insurance Agency (ATI) in Accra on Thursday, June 23, 2022, at the Kempinski Gold Coast Hotel.
ATI is a multilateral financial institution created in 2001 as a credit and political risk provider predominantly providing Political Risk (also known as Investment Risks), Trade Credit insurance for cross border trade and surety bonds insurance. It was established with the financial and technical support of the World Bank and currently has 21 member countries and 10 other corporate shareholders including the African Development Bank.
Since its inception, ATI has become a much sought-after partner for the government, banks, traders, SMEs, to mention but a few, and continues to bridge the gap between sovereigns & international investors; creditors & suppliers. ATI is the second highest rated institution in Africa and is rated A/Stable by Standard & Poors and Moodys.
Ghana became the 15th Member State of African Trade Insurance Agency (ATI) in October 2019. Subsequently, ATI officially launched its services and products in the Ghanaian market in February 2020, sensitized the importance of the country’s membership of ATI and created awareness with the private sector and relevant Government agencies.
Since the introduction of its product and services in the Ghanaian market, ATI has provided political risks coverage for transactions and projects in the financial, health, and roads sectors with a total gross exposure of US$ 450 million. Through ATI’s support, the capacity and quality of our health sector has been greatly enhanced. ATI’s intervention in the financial sector is also helping Bank of Ghana to maintain adequate foreign exchange to meet external transactions, ease its balance of payments challenges, and support the local currency. Since its inception ATI has supported over USD71 billion worth of trade and investments in Africa.
The AGM and it related events are as follows:
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Date |
Event |
Time |
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Monday June 20, 2022 |
Limited Media Briefing with the CEO and Board Chair of the ATI
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Wednesday June 22, 2022 |
Investor Roundtable Discussion |
9:00 – 1:30pm |
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Thursday, June 23, 2022 |
Opening Ceremony of AGM |
8:00am– 10:30am |