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Member Relations

Overview

Benefits of Membership

Corporate Governance

Become a Member

Current Members

open

Become a Member

Who is eligible?
 

Membership in ATI is open to the following:

All African states that are eligible to join the African Union
Non-African states or organisations designated to represent them
Regional economic organisations
International development financial institutions
Export credit agencies
Private corporations

What are the membership categories?

You can join our Agency at four different shareholder levels:

Country membership, African states (Class A Shareholder)
Country membership, non-African states (Class B Shareholder)
Private corporations (Class C Shareholder)
Regional economic organisations, international development financial institutions and export credit agencies (Class D Shareholder)

How are the shares divided?

The capital stock structure of ATI is open-ended and is based on an initial authorised nominal capital stock of
US$ 1 billion divided into 10,000 shares with a par value of US$100,000. Members are able to subscribe for shares in ATI based on their shareholding category.

There are four available shareholder classes in which members can purchase stock. These classes are categorised according to the following criteria:

Class "A"
Shares which are open to African states. This class must at all times represent a minimum of 51% of ATI's capital stock. A minimum share subscription of 75 shares is required to join at this level.

The level of investments by African member states in ATI will determine the amount of business that the Agency can support in the relevant country.

Class "B"
Shares which are open to non-African states or their designates. A minimum share subscription of 100 shares is required to join at this level.

Class "C"
Shares which are open to private corporations... A minimum share subscription of 100 shares is required to join at this level.

Class "D"
Shares which are open to regional economic organisations, international development financial institutions and export credit agencies. A minimum share subscription of one share is required to join at this level.

What is the application process?

Here is a step-by-step explanation of what happens after you submit your application for membership.

Class A Shareholders (Country membership, African states)

Application Step I
The General Meeting, comprised of all the members of ATI, will approve your application to membership at their Annual General Meeting.

In order to speed up the membership process, the Board has been delegated the authority to admit any African state.

Application Step II
Once your application has been approved by either the General Meeting or Board of Directors, you will be invited to sign the Agreement Establishing ATI, which is the Agency's Charter, and the Participation Agreement.

Application Step III
The Agreement is then ratified by parliament or the legal arm of a government..

Application Step IV
African and non-African states, corporations and organisations must subscribe and pay for their respective allotted shares.

The acquired shares will be proportionate with the member's desired level of investment but subject to the minimum investment for the relevant class of share in accordance with the provisions of the ATI Charter. This allows each member to become a shareholder and obtain official representation at the General Assembly and on the Board of Directors.

 

Class B, C And D Shareholders

Application Step I
The General Meeting, comprised of all the members of ATI, will approve your application to membership at their Annual General Meeting

Application Step II
African and non-African states, corporations and organisations must subscribe and pay for their respective allotted shares.

The acquired shares will be proportionate with the member's desired level of investment but subject to the minimum investment for the relevant class of share in accordance with the provisions of the ATI Charter. This allows each member to become a shareholder and obtain official representation at the General Assembly and on the Board of Directors.

 

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