Original disclosure @ EIB website
Updated in EWS Jan 22, 2020
Disclosed by Bank Oct 2, 2019
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The objective of the project is to foster private sector investments through the expansion of African Trade Insurance Agency (ATI) in Africa. In the specific case, the project will allow Niger to become a member state of ATI. The project is also aligned with Niger's national development plan vision spanning from 2017 to 2021, which aspires to raise the country's economic growth to 6% and improve the financial capacity of the country.
The project will finance the membership contribution of several African countries in the capital of African Trade Insurance (ATI). Such participation will enable each country, in the present case Niger, to benefit from the guarantee mechanism of ATI. The project supports the development of various industries, in particular the private sector, through a range of investment and trade insurance products.
No contact information provided at the time of disclosure
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