Sustainable Energy for All (SE4All) is a United Nations global initiative which promotes universal access to sustainable energy. Energy efficiency and renewable energy are two key prongs of the initiative. African countries face a range of challenges in enabling and supporting these types of projects, including political instability and limited technical knowledge.
In response to these challenges, the European Investment bank (EIB) formed the Africa Energy Guarantee Facility (AEGF) to unlock private-sector investments for SE4All projects in Africa. In this effort, ATI has partnered with AEGF to leverage its risk mitigation capacity for qualifying energy projects. As a key partner for AEGF in Africa, ATI provides products to mitigate political risks and enhance credit guarantees in ATI member states.
With more than 15 years of experience in African markets, ATI is ideally positioned to support SE4All in Africa. ATI bridges the relationship between all parties and understands the needs of both private and public sector interests in any African renewable energy project. We are backed by a network of the world’s biggest development and financial institutions, and, since 2008, have held an ‘A’ rating by Standard & Poor’s.
African Trade Insurance Agency strives for responsible corporate citizenship. Protecting people and our environment is simply good business sense. To that end, we adhere to international law, ethical standards, and international norms.
We rigorously screen investment projects, underwriting only those which meet our environmental and social sustainability standards.
The rules governing our environmental safeguards are outlined in the ATI Environmental Manual. This document lays out the guidelines to which each applicant for an ATI policy must adhere.
All applicants for an ATI insurance policy must submit a completed Environmental Information Note (EIN), which includes information on the direct, indirect and cumulative impact of a project or transaction on the environment, as well as the proposed mitigation measures to be implemented.
As an extra measure of protection, before we write an investment insurance policy, we hire independent and internationally-recognized experts to conduct an environmental impact assessment for any transaction or project to ensure that it meets our standards.