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Originally published by The Standard Business
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May 1, 2026
2h ago

KfW gets Sh4.1b stake in continental insurer

KfW gets Sh4.1b stake in continental insurer

The KfW has become the latest shareholder in the African Trade & Investment Development Insurance...

✨ Key Highlights

The German Development Bank (KfW) has acquired a Sh4.1 billion stake in the African Trade & Investment Development Insurance (ATIDI), becoming its 13th institutional shareholder.

  • KfW invested $32 million (Sh4.1 billion) to become a D2-class shareholder.
  • Key figures involved include ATIDI Chief Executive Officer Manuel Moses and the German Federal Minister for Economic Cooperation and Development Reem Alabali Radovan.
  • This investment signifies Germany's commitment to strengthening economic ties with Africa and supporting institutions that facilitate continental trade and investment, aligning with the G20 Compact with Africa (CwA 2.0).

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