AfDB offers Nigeria US$14m facility to smoothen ATI membership

AfDB offers Nigeria US$14m facility to smoothen ATI membership: Nigeria has been given a US$14.12m facility by the African Development Bank (AfDB) Group to facilitate its membership of the African Trade Insurance Agency (ATI). Once the membership formalities are finalised, Nigeria stands to benefit from gross political and commercial risks insurance cover on total investments and trade amounting to over US$5bn by 2020. (Source: Guardian)

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