{"id":477631,"date":"2023-08-01T14:34:38","date_gmt":"2023-08-01T14:34:38","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=477631"},"modified":"2023-08-01T14:35:56","modified_gmt":"2023-08-01T14:35:56","slug":"atidi-seeks-to-increase-its-business-in-senegal","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2023\/08\/01\/atidi-seeks-to-increase-its-business-in-senegal\/","title":{"rendered":"ATIDI Seeks To Increase Its Business in Senegal"},"content":{"rendered":"
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    ATIDI officially launches its activity in Senegal, which became a shareholder of the organization in 2021, focusing on sectors aligned with the country\u2019s national development plan.<\/p>\n<\/li>\n

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    The multilateral pan-African insurer recently rebranded from ATI to ATIDI, an identity which provides a better fit to its growing stature as the multilateral trade and investment insurer on the continent.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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    Dakar, August 1, 2023 \u2013 ATIDI, the African Trade & Investment Development Insurance, completed a workshop on \u201cDe-risking trade and Investments in Africa\u201d during which it presented its risk-mitigation product range and discussed how Senegal could benefit from it with private investors, decision makers and development partners.<\/p>\n

    Senegal became ATIDI\u2019s 20th member state in December 2021 with a subscribed capital contribution of EUR15 million, following financial support from the European Investment Bank (EIB). The workshop was a highlight of ATIDI\u2019s official launch in Senegal, during which ATIDI\u2019s Management also met with several members of the Senegalese government, notably H.E. Mamadou Moustapha Ba\u0302, Minister of Finance and Budget, to discuss how the organization can further support the financing of priority projects in line with Senegal\u2019s national development framework, the Plan for an Emerging Senegal (PES).<\/p>\n

    ATIDI has an active pipeline in Senegal valued at CFA 390 billion (USD658 million) in the energy and gas, financial and insurance activities & trade and transportation sectors.<\/p>\n<\/div>\n<\/div>\n

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    ATIDI has grown from operating in just seven countries in 2001, into a pan-African institution with 21-member countries, present across Africa with a significant global reach. ATIDI is now implementing its 2023 \u2013 2027 corporate strategic plan which sets ambitious goals for the organization\u2019s growth and impact on Africa\u2019s development. The multilateral pan-African insurer recently rebranded from ATI to ATIDI, an identity which provides a better fit to its growing stature as the multilateral trade and investment insurer on the continent.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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    Quote from Manuel Moses, CEO, ATIDI<\/strong><\/p>\n

    \u00a0\u201cSenegal is a priority country for ATIDI. We are already engaging in the country, but are now looking to do more, in line with the development priorities outlined in the PES. We have had fruitful discussions with a large array of stakeholders in this respect and we are convinced that our unique offering and positioning as the premier pan-African provider of trade and investment development insurance will allow us to help catalyze private investment for the benefit of Senegal and its people.\u201d<\/p>\n

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    Quote from H.E. Mamadou Moustapha Ba\u0302, Minister of Finance and Budget<\/strong><\/p>\n

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    \u201cWe welcome ATIDI\u2019s commitment to Senegal. 60% of the Plan for an Emerging Senegal is expected to be financed by private investments. In the present sluggish global and regional economic environment, achieving this ambitious goal requires offering investors attractive opportunities, but also solid guarantees against multiple risks. ATIDI is an essential partner in that space, as it offers investors an extra layer of security and so allows them to confidently pursue and even increase their engagements in projects that will transform our country and improve the well-being of our fellow citizens.\u201d.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n

    <\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":527180,"featured_media":477623,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12065],"tags":[21180],"class_list":{"0":"post-477631","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-press-releases","8":"tag-atidi","9":"post_format-post-format-aside","10":"pmpro-has-access"},"yoast_head":"\nATIDI Seeks To Increase Its Business in Senegal - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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