AfDB to become top shareholder in Africa guarantee platform to boost derisking push

The African Development Bank will inject $125 million into African ‌Trade and Investment Development Insurance (ATIDI) to become its biggest shareholder and ramp up the use of guarantees to attract private capital, the bank’s president told Reuters. Sidi Ould Tah, who took the helm of Africa’s largest development lender last September, is pushing a ​new […]

By Abubakar Ibrahim