Ethiopia - Regional ATI Country Membership Programme (RACMP)

Regional African Trade Insurance Country Membership Programme (RACMP) aims to contribute to institutional development and knowledge building in Benin, Ethiopia and Cote d’Ivoire, particularly in financial sector development. The rationale for the programme is based on the recognition that both the three Regional Member Countries (RMCs) lack the necessary capacity and financial resources to effectively navigate the myriad of issues impacting on the successful implementation of trade finance and investment risks underwriting. In this regard, they require timely support on a coordinated basis to ensure that they as individual countries and collectively, accelerate the implementation of the African Trade Insurance (ATI) mandate. This programme is expected to strengthen the capacity of the three countries Benin, Ethiopia and Cote d’Ivoire to join the ATI. It will also support delivery of an integrated and enhanced trade finance and investment risk underwriting framework for the private sector in the relevant countries by the ATI. The total programme cost is estimated at UA 45.04 millions.