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Taming African risks

01 July 2001

Read more: export trade political risk ECA credit insurance

The World Bank is providing a $5 million start-up loan to kick start operations at the African Trade Insurance Agency (ATI). The agency is being founded by the Common Market for Eastern and Southern Africa (Comesa) and is aiming to encourage private insurers to offer political risk insurance for trade transactions.

Companies trading in Africa often encounter acute difficulties in obtaining insurance against political and commercial risks because of the high risks associated with the region. The target market for the Ati...


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