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The African Trade & Investment Development Insurance (ATIDI) is an investment, trade and political risk-mitigation institution on the African continent intended to provide insurance against political (investment) and commercial risks in order to attract foreign direct investment to the region.
The launch of Africa Re was the result of an association between the African Development Bank (AfDB) and 36 member states of the Organisation of African Unity (OAU). In 1992, 16 years after the company was launched, new countries joined the founding members, bringing the number of state shareholders to 41.
ARC Ltd is a hybrid mutual insurer and financial affiliate of the African Risk Capacity Group. It was established in 2014 with a specific commercial mandate as a Bermuda Class 2 mutual insurance company with seed capital funding from UK’s Foreign, Commonwealth & Development Office (FCDO), and Germany’s KfW through BMZ. [11]
Africa Finance Corporation (AFC) is a pan-African Multilateral Development Financial Institution established in 2007 by sovereign African states to provide pragmatic solutions to Africa's infrastructure deficit and challenging operating environment. The Corporation bridges the infrastructure investment gap through the provision of debt and ...
In 2015, the East African Development Bank was the first East African institution to obtain an investment grade rating of Baa3 by Moody's Investors Services. [15] Recently, the Bank was awarded by the ABA Best Development Bank award in 2018 and Bank of the Year Africa in 2021.
A proposed dam on the Congo River, which drains much of western Africa and is one of the world’s largest waterways, illustrates the promise and peril of massive infrastructure investment. Last year, the World Bank approved a $73 million grant to help the Congolese government study the dam’s environmental and social impact.
This word refers to a large, dark-brown animal that lives in (or around) African rivers. They are renowned for their barrel-shaped bodies, enormous heads and short legs.
The purpose of the ASF at that time was to facilitate the economic development of the participating African States - mainly States most disadvantaged by structural factors - by contributing to the financing of investment projects of particular interest. Fifteen African States and France participated in the creation of the Fund. [2]