President Buhari finalises Nigeria`s membership in African Trade Insurance Agency (ATI)
(WorldNews Africa)

Nigeria becomes a full member country at an opportune time. It joins ahead of others that are fast-tracking membership given the trade and investment insurance challenges during the COVID-19 pandemic and also recognizing the potential post pandemic opportunities. Nigeria contributed US$14.1 million to ATI’s (www.ATI-aca.org) capital in 2019 with African Development Bank’s (AfDB) financial support and fully completed its membership process through the ratification of the ATI’s Treaty. Membership in ATI provides African countries with additional trade and investment insurance capacity, which helps cushion against the negative economic impacts of COVID-19. ATI expects an...