$14.2m to aid Nigeria ATI

The African Development Bank Group (www.AfDB.org), through its trade finance operations, has approved a $14.12m facility to support the Federal Republic of Nigeria’s membership in the African Trade Insurance Agency (ATI).


This is a critical and mandatory step to enable ATI commence its operations in Nigeria. Nigeria, as Africa’s largest economy, joins 14 other African countries that have already signed up to ATI membership.

Once membership formalities are finalized, Nigeria could benefit from gross political and commercial risk insurance cover on total investments and trade amounting to over US$ 5 billion by 2020. The catalytic effect of using limited financial resources in this way is undoubtedly massive.

The approved facility complements ongoing and planned interventions geared at building institutional capacity and improving the resilience of the Nigerian economy.

Joining ATI will enable Nigeria to leverage its position to mobilize additional resources to finance trade, especially importation of essential goods such as medicines and communications equipment, to rehabilitate basic infrastructure and strengthen the country’s productive sector.

ATI’s mandate is to provide medium to long term credit and political risk insurance, as well as other risk mitigation products to its member countries and related public and private sector actors.

Comments

  1. It is appropriate time to make some plans for the future
    and it is time to be happy. I have read this publish and if I may
    just I want to suggest you few attention-grabbing
    issues or suggestions. Perhaps you could write subsequent articles referring to this article.

    I desire to learn more issues approximately it! I’ve been surfing on-line greater
    than three hours lately, but I by no means discovered
    any interesting article like yours. It is pretty value sufficient for me.
    In my opinion, if all webmasters and bloggers made excellent content material as you
    probably did, the net might be a lot more helpful than ever before.
    I truly love your site.. Pleasant colors & theme. Did you make this amazing site yourself?
    Please reply back as I'm attempting to create my very own blog and would
    love to know where you got this from or what the
    theme is called. Kudos! http://foxnews.co.uk

    ReplyDelete
  2. I like this web blog so much, saved to bookmarks.

    ReplyDelete
  3. Very energetic article, I loved that bit.
    Will there be a part 2?

    ReplyDelete
  4. May I simply just say what a relief to uncover somebody that genuinely knows what they're discussing over
    the internet. You certainly understand how to bring a problem
    to light and make it important. More and more people should look at this
    and understand this side of the story. I was surprised you're not more
    popular given that you definitely have the gift.

    ReplyDelete
  5. Excellent, what a blog it is! This webpage presents useful data to us, keep it up.

    ReplyDelete
  6. Hello There. I found your blog using msn. This is an extremely well written article.

    I'll be sure to bookmark it and come back to read more
    of your useful information. Thanks for the post. I'll certainly return.

    ReplyDelete
  7. Everyone loves what you guys are up too. Thiis type of clever work and exposure!
    Keep upp the edcellent works guys I've added you guys to our blogroll.

    ReplyDelete
  8. Having read this I thought it was very enlightening. I appreciate you fjnding the time and effort
    to put thnis short article together. I once again find myselkf spending a significant amount of time
    both reading and commenting. But so what, it was
    still worth it!

    ReplyDelete
  9. Hi, yup this paragraph is genuinely nice aand I have learned lot of things from it on the topic
    oof blogging. thanks.

    ReplyDelete
  10. Hello there! I could have sworn I've been to this blog
    before but after reading through some of the post I realized
    it's new to me. Nonetheless, I'm definitely glad I found it annd I'll be bookmarking annd checking
    back frequently!

    ReplyDelete
  11. I am continually browsing online for ideas that can help me.
    Thank you!

    ReplyDelete
  12. It’s appropriate time to make some plans for the future and
    it is time to be happy. I’ve read this post and if I could I
    want to suggest you some interesting things or advice.
    Maybe you could write next articles referring to this article.
    I want to read even more things about it! Ahaa, its fastidious conversation about
    this post at this place at this weblog, I have read all that, so at this time me also commenting here.
    Hola! I've been reading your web site for some time now and finally got the bravery to go ahead and give you a shout out from Humble Texas!
    Just wanted to mention keep up the fantastic job! http://cspan.co.uk

    ReplyDelete
  13. La création de sites internet, c'est notre métier.

    ReplyDelete
  14. Hi there, I desire to subscribe for this weblog to take hottest updates, thus where can i do it please
    assist.

    ReplyDelete
  15. Good article. I'm experiencing a few of these issues as well..

    ReplyDelete
  16. Hi it's me, I aam also visiting thos website regularly, this site is truly fastidious and the
    people are truly sharing nice thoughts.

    ReplyDelete
  17. With havin so much content and articlees do you ever run into
    any problems of plagorism or coptright violation? My site hhas a lot of unique content I've either written myself or outsourced but it seems a
    lot of it is popping iit up all over the web without my agreement.

    Do you know any methods to help prevent content from being ripped off?
    I'd truly appreciate it.

    ReplyDelete
  18. If some one needs expert view regarding blogging after that i advise him/her to visit thyis website, Keep up the good job.

    ReplyDelete
  19. For hottest information you have to pay a quick visit world wide web
    and on web I found this site as a finest site for most up-to-date updates.

    ReplyDelete
  20. Excellent goods from you, man. I have understand your stuff previous to and you are just extremely wonderful.

    I really like what you have acquired here, really like
    what you are saying and the way in which you say it.
    You make it entertaining and you still take care of to keep
    it smart. I cant wait to read much more from you. This is really a great
    web site.

    ReplyDelete
  21. Definitely believe that wnich you said. Youur favorite justification seemed to be
    on the web the easiest thing to be aware of.
    I sayy to you, I certainly get annoyed while people consider worries that they just don't know about.

    You managed to hit tthe nail upon the top and also defined out the whole thing
    without having side effect , people can take a signal.
    Will likely be back to get more. Thanks

    ReplyDelete
  22. I think this website has got some really wonderful info for everyone :
    D.

    ReplyDelete
  23. Just what I was searching for, thank you for posting.

    ReplyDelete
  24. Aw, this was an incredibly nice post. Spending some time and actual effort to produce a top notch article?
    but what can I say? I hesitate a whole lot and never manage to get nearly anything done.

    ReplyDelete
  25. Thanks on your marvelous posting! I really enjoyed reading it,
    you're a great author.I will be sure to bookmark your blog and will often come
    back at some point. I want to encourage continue your great posts, have a nice afternoon!

    ReplyDelete
  26. I wanted to visit and allow you to know how great I appreciated
    discovering your website today. I'd consider it a honor
    to work at my place of work and be able to utilize tips shared
    on your blog and also get involved in visitors' comments like this.
    Should a position connected with guest writer become available
    at your end, you should let me know.

    ReplyDelete
  27. When someone writes an piece of writing he/she retains
    the image of a user in his/her brain that
    how a user can understand it. Thus that's why this paragraph is outstdanding.
    Thanks!

    ReplyDelete
  28. Wonderful goods from you, man. I have understand your stuff previous
    to and you are just too fantastic. I really like what you have
    acquired here, certainly like what you're stating and the way in which you say
    it. You make it entertaining and you still care
    for to keep it smart. I can't wait to read much more from you.

    This is actually a terrific web site.

    ReplyDelete
  29. Hi there, just become aware of your blog thru Google,
    and found that it is really informative. I'm going to be careful for
    brussels. I will be grateful in case you proceed this in future.
    Lots of other people will likely be benefited out of your writing.

    Cheers!

    ReplyDelete
  30. Asking questions are genuinely good thing if you are not
    understanding anything totally, except this article provides fastidious understanding even.

    ReplyDelete
  31. I’m not that much of a internet reader to be honest but
    your sites really nice, keep it up! I'll go ahead
    and bookmark your site to come back later. Many thanks

    ReplyDelete

Post a Comment

Popular posts from this blog

The Newell Murder serialization 1