EBID and ATIDI Join Forces to De-risk Private Sector Investments in West Africa
The ECOWAS Bank for Investment and Development (EBID) and the African Trade & Investment Development Insurance (ATIDI) have announced a strategic partnership aimed at boosting private sector investment across West Africa by mitigating risk and enhancing investor confidence.
The partnership, formalized in early June, is designed to address the persistent challenges faced by businesses in the region, notably political instability and financial uncertainty. By providing a range of risk mitigation instruments, EBID and ATIDI aim to make investments in infrastructure, trade, and essential services significantly more attractive and secure.
“By collaborating with ATIDI, we are unlocking new opportunities for robust economic growth,” said EBID President Dr. George Agyekum Donkor. He highlighted EBID’s commitment to fostering a thriving business climate that enables both local and international entrepreneurs to flourish.
ATIDI, recognized for providing comprehensive investment and credit insurance products to help mitigate non-commercial risks, brings a deep portfolio of services to the joint initiative. The collaboration will see both organizations leveraging their expertise to offer comprehensive insurance solutions, reducing investor exposure to risks like expropriation, transfer restrictions, and civil unrest.
“We believe this partnership is a game changer for the region,” said ATIDI CEO Manuel Moses. He underscored the shared vision of enabling a resilient and competitive private sector that can drive sustainable development and prosperity across West Africa.
The region has long been hindered by a perception of high risk, which often deters foreign direct investment (FDI) and impedes the growth of critical industries. By easing concerns around political and financial risks, the EBID-ATIDI partnership is expected to catalyze both local and foreign capital inflows, creating jobs and accelerating regional integration.
Industry observers believe this move could not only attract new financing for vital projects but also set a precedent for innovative risk-mitigation models across Africa. The partners will provide information sessions, technical guidance, and tailored insurance packages to match the specific needs of businesses.
With the groundwork laid for enhanced cooperation, all eyes are on West Africa to witness the outcomes of this promising collaboration—one that could reshape the region’s investment landscape and stimulate inclusive, long-term growth.
Team V.INO-LNK
