In a significant move to deepen economic cooperation between Europe and Africa, KfW Development Bank has officially become a shareholder in African Trade & Investment Development Insurance.
The agreement was signed on April 29, 2026, in Nairobi, marking a new chapter in efforts to expand trade and investment across the African continent.
KfW’s $32 million investment makes it the 13th institutional shareholder in ATIDI, strengthening the insurer’s capital base and enhancing its capacity to support businesses operating in Africa.
The move reflects Germany’s broader commitment to fostering economic partnerships and supporting institutions that mitigate investment risks in emerging markets.
Speaking at the signing ceremony, ATIDI CEO Manuel Moses highlighted the importance of the partnership:
“This milestone is iconic in many ways… It elevates our already dynamic bond with KfW and creates more opportunities for German investors looking to engage in Africa… ATIDI will spare no effort to make this partnership a successful one.”
The investment is partially funded through Germany’s development budget, with additional resources from KfW itself.
As a shareholder, KfW will participate in ATIDI’s governance and decision-making, aligning its role with initiatives such as the G20 Compact with Africa aimed at increasing private sector investment.
KfW has long supported ATIDI’s growth, contributing over $100 million to help African countries join the insurer and expand its reach.
This latest step formalizes that relationship through direct equity participation.
Christiane Laibach, Member of KfW’s Executive Board, emphasized the broader impact:
“Together, we intend to further enhance business opportunities for European and German investors in Africa to create prosperity and development for mutual benefit… It is only the latest culmination of a successful cooperation.”
Founded in 1948, KfW is one of the world’s leading development banks, financing projects in infrastructure, renewable energy, and small business development.
Its new stake in ATIDI is expected to catalyze up to $500 million in trade and investment between German firms and African markets.
ATIDI, established in 2001, has supported $93 billion in trade and investment across Africa over the past 25 years.
Known for its political risk and credit insurance services, the institution plays a critical role in attracting private capital by reducing investment uncertainty.
The partnership underscores a growing alignment between European financial expertise and Africa’s expanding investment landscape.
By combining KfW’s global experience with ATIDI’s regional insight, both institutions aim to unlock new opportunities, strengthen trade corridors, and drive sustainable economic growth across the continent.
By Andrew shyaka
