The approved facility complements other AfDB's ongoing and planned interventions geared towards building institutions and improving resilience and livelihoods for the
The mandate of the TDB is to finance and foster trade, socio-economic development and regional economic integration across its RMCs. It offers a broad range of products and services, across both the private and public sectors, including debt, equity and quasi-equity as well as guarantees. The ATI provides 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. These products directly encourage and facilitate foreign direct investment (FDI) as well as private sector investments in a fragile environment and both intra- and extra-African trade through Trade Finance Facilitation. ATI catalyzes private sector investments in infrastructure projects, thereby promoting the economic integration of participating countries into regional markets.
Highlighted by the AfDB as an innovative use of concessionary financing, once membership formalities in ATI and TDB are finalized through the payment of the
This project is clearly aligned with at least three of the