Tunisia has joined the African Trade & Investment Development Insurance (ATIDI) and will participate in its capital, under the terms of an agreement inked on 24 March 2025 between the Tunisian Economy and Planning Ministry and ATIDI.
Economy and Planning Minister Samir Abdelhafidh said Tunisia is the first country in North Africa to join the pan-African multilateral insurer and its 25th member, reported Tunis Afrique Presse.
This membership testifies to Tunisia's willingness to step up investments and boost trade in Africa, through mechanisms to facilitate access to financing and reduce risk costs. The agreement will help Tunisia make the most of ATIDI's various insurance services, the minister added.
ATIDI is a pan-African organisation that provides trade credit and political risk insurance to companies, investors and lenders interested in doing business in Africa. Established as the African Trade Insurance Agency in 2000 with the technical and financial support of the World Bank, the organisation was later rebranded and adopted its current name.