The African Development Bank plans to invest $125 million in African Trade and Investment Development Insurance, increasing its stake from 3% to 14% and making it the institution’s largest shareholder. AfDB President Sidi Ould Tah said the move is part of a broader strategy to mobilize Africa’s domestic capital and reduce dependence on shrinking international aid flows. Through the initiative, the bank aims to expand ATIDI’s annual guarantee volume from about $3 billion to $10 billion, helping attract private investment into infrastructure and other high-priority sectors. The plan is central to Tah’s New African Financial Architecture for Development, which seeks to tap an estimated $4 trillion in African institutional assets to address the continent’s roughly $400 billion annual development financing shortfall. The bank is also encouraging more governments and financial institutions to join ATIDI to strengthen its ability to de-risk investments across Africa.
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