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Can France and Kenya sell Africa’s first-loss financing model to the G7?

French president Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
French president Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
  • France and Kenya back ATIDI as Africa’s new risk-financing platform
  • Evian summit could redefine development finance for distressed African economies

 

NAIROBI, KENYAFrance and Kenya are attempting to reshape the architecture of African development finance through an ambitious risk-sharing mechanism designed to unlock investment in some of the continent’s most financially excluded economies.

At the centre of the effort is the African Trade & Investment Development Insurance, better known as ATIDI, the Nairobi-based multilateral insurer that has quietly evolved into one of Africa’s most strategically important financial institutions.

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