Multinational - Regional African Trade Insurance - Country Membership Programme

The Regional African Trade Insurance Agency (ATI) Country Membership Programme (RACMP) consist of strengthening the capacity of the three countries Benin, Ethiopia and Cote d’Ivoire to join the ATI. RACMP is based on the recognition that both the three 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 ATI mandate. The programme will provide the necessary resources to allow Benin, Ethiopia and Cote d’Ivoire subscribe and ascend to ATI membership. 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 project cost is UA 45.04 MILLION of which UA 19.87 MILLION (44%) is being requested from fDB.