Nigeria - African Trade Insurance (ATI) - Country Membership Programme

Project Summary

Approval Date 14 Dec 2018
Signature Date 04 Mar 2019
Planned Completion Date 30 Jun 2020
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 10,210,000
Status Implementation

Project General Description

The African Trade Insurance Agency (ATI) Country Membership Programme is designed because of the FRN lacks the necessary capacity and financial resources to effectively navigate the numerous issues impacting on successful implementation of trade finance and underwriting of investment risks. It aims to strengthen the capacity of FRN with the necessary financial resources for membership subscription in the ATI. This will enable the country to mobilise significant foreign direct investment (FDI) while offering greater underwritten insurance cover for both the sovereign and the private sector in support of the country’s economic recovery efforts. The expected outputs of the programme are: (i) African Trade Insurance Agency (ATI) will sign a participation agreement with FRN, to enable ATI to start operations in the country. This will allow; (ii) FRN to finalize its membership subscription process through the consummation of all relevant shareholding formalities; and finally (iii) FRN will become a member country in which the ATI is able to conduct business.

Project Objectives

The main objective of the proposed intervention is to support Federal Republic of Nigeria (FRN) with the required resources for membership subscription to the ATI.


The immediate direct project beneficiary is the Federal Republic of Nigeria (FRN). Indirect beneficiaries in Nigeria will include the private sector, with a focus on small-and medium sized enterprise (SMEs), particularly female run businesses.

Participating Organization

African Development Fund
Government Of Nigeria


IATI identifier 46002-P-NG-KA0-004
Last Update 05 Oct 2022


Contact Details


Geographic Location

Country Nigeria
Coordinates Location Name
9.05735 7.48976 Abuja