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This list represents a selection of ATI projects

Sector:
Telecommunications (ICT)
Insurance Type:
Non-payment by Private Buyer
Project:
Telecommunications
Maximum Sum Insured:
$5.5 million
In 2002, the telecommunications industry in the DRC was the least developed in the region with 10,000 fixed lines and 1 million cellular phones for a population of close to 60 million. By 2003, cellular phones were the primary means of telecommunication. They became a life line to many, particularly those living in rural communities.

Since 2003, the market has expanded rapidly with an influx of companies vying for market share. The local subsidiary of a leading cellular network provider in Africa found themselves in this predicament. The company wanted to maintain and grow market share in the DRC by expanding their network. To achieve this, they needed help to design, supply, construct and install cellular base station sites across the country.

An Israel based international Group and a long term partner of theirs, who provide telecom services to giants like Nokia, Siemens, Ericsson and Samsung, responded.  To cement the partnership, ATI issued its first Single Obligor Credit Risk policy to cover the contract in the event of payment default.

Sector:
Telecommunications (ICT)
Insurance Type:
Sovereign Buyer Non-payment Cover
Project:
Telecommunications
Maximum Sum Insured:
$10.6 million

This project, which involves laying down fibre optic cable, is central to the Kenyan government's plans to revamp its telecommunication sector. The cable will cover the Central, Western, Coast and North Eastern provinces, totaling 5,000 km.

Fibre optics is a medium for carrying information from one point to another in the form of light and it is much cheaper than the traditional copper form of transmission.

Rapid development of the country's fibre optic network will help it achieve middle income status, as laid out in the government's Economic Blueprint, Vision 2030. Under the plan, Kenya will rival countries like India in the business process outsourcing sector.

A fibre optic cable will increase internet and data connectivity, bring down telecommunications costs and make it easier for companies to compete on the international market. It will also give access to e-learning opportunities to people in the remotest areas of the country, who might not otherwise have received any training.

The government contracted a global communications company based in France and specializing in broadband communications and convergence activities. The company was contracted to deliver, install, commission, test and provide long term technical support to the project. To cover their investment, ATI provided Payment Default by a Sovereign Obligor insurance to the company and the project is now well underway, with completion expected by the end of 2009.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Transfer restriction, expropriation, war & civil disturbance, embargo, insolvency and payment delay
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$2.1 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries. 

The Democratic Republic of Congo, Kenya and Tanzania account for more than half of the mobile telephone market in the East and Central African region, among the fastest growing regions on the continent. The number of subscribers in Kenya is projected to grow by 87% in the next five years, ensuring that Kenya remains an attractive market for investors.

Sector:
Telecommunications (ICT)
Insurance Type:
Credit Risk Insurance
Risks Covered:
Insolvency and protracted default
Project:
Supply and Installation of Renewable Energy Equipment
Maximum Sum Insured:
$576,000

A Kenyan company providing innovative clean energy solutions to mobile phone operators in East and Central Africa obtained ATI cover to protect against the failure by a local telecommunications company to pay for goods received on credit due to insolvency or persistent non-payment (protracted default).   

The technology supports the mobile network company’s expansion into areas not serviced by the national electricity grid. With one of the fastest growing mobile phone markets in Africa, this project benefits Kenya’s rural communities, who will have increased access to a vital source of communication. The country will also benefit by reducing reliance on an environmentally unfriendly source of diesel power.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$1.6 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries.

Madagascar has three main mobile operators with Orange Madagascar commanding a 58% majority of the market. Socio-political challenges, low penetration rates and low gross domestic product are expected to dampen the telecommunications growth rate in the near to mid term forecast. The ATI funded project supports the industry’s push for deeper penetration and broader access across Madagascar in preparation for a post-civil conflict period that will see increased domestic spending.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$2.7 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries.

The telecommunications market in Malawi has undergone a mini revolution with the privatisation of the national company, MTL, and the introduction of wireless broadband networks and mobile data services. The current mobile telephone penetration is one of the lowest in Africa at 14%. Growth opportunity combined with the government’s commitment should ensure that this sector remains a bright spot contributing to Malawi’s economic development.
 

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, embargo and war & civil disturbance
Project:
Design, Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$7.5 million

This transaction is part of a Supplier Framework Agreement in which ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. The project will help to increase efficiency and decrease telecommunications costs. It will also create employment opportunities through the construction of network sites which have been outsourced to Malawian construction firms.  

A unique aspect of this deal is the client’s use of insurance. They are using the insurance to cover both their risks and receivables – their insured receivables are then used to secure bank financing. The existing credit shortage in African markets has resulted in a surge in demand from companies interested in using ATI’s insurance products for their receivables financing.

Sector:
Telecommunications (ICT)
Insurance Type:
Political Risk Insurance
Risks Covered:
Lack of foreign currency or restriction of its movement in and out of the risk country
Project:
Design, Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$1.6 million

This transaction is part of a Supplier Framework Agreement in which ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. Under this transaction, ATI is protecting the client’s post-delivery shipments against any government-related action or inaction that would prevent them from either converting the local currency into US dollars or transferring US dollars outside of Malawi.

Sector:
Telecommunications (ICT)
Insurance Type:
Political Risk Insurance
Risks Covered:
Lack of foreign currency or restriction of its movement in and out of the risk country
Project:
Design, Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$1.7 million

This transaction is part of a Supplier Framework Agreement in which ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. Under this transaction, ATI is protecting the client’s supply of GSM handsets against any government-related action or inaction that would prevent them from either converting the local currency into US dollars or transferring US dollars outside of Malawi.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$730,000

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries. 

With 10 million mobile phone subscribers out of a population of 30 million, the Ugandan market is one of several African countries poised to take off.
 

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$3.7 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries.

The Zambian telecommunications market remains competitive with an independently regulated telecoms sector, three competing mobile networks and a national operator, which the government is privatising. The Zambian market, with a below average penetration of mobile telephony of 29% is one of several growth markets within the East and Southern Africa region.

Sector:
Telecommunications (ICT)
Insurance Type:
Political Risk Insurance
Risks Covered:
Expropriation (including license and frequency cancellation); and transfer restriction
Project:
Construction and operation of a telecommunications network
Maximum Sum Insured:
$12.5 million

An African telecommunications company wanted to protect its $12.5 million investment in Burundi. As a result, the company sought ATI insurance to protect its investment from expropriation by the host government and any arbitrary restriction on profit repatriation.

The company is expected to invest a total of $68 million in Burundi by 2011. With a mobile phone penetration that dwarfs the African average – 5.4% in Burundi compared to 34% across Africa – the company is banking on ATI’s continued support to capitalise on this market potential.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Payment delay; non-payment due to insolvency; currency transfer restriction; expropriation; embargo; and physical damage or business interruption caused by war and civil disturbance
Project:
Supply of digital microwave radio equipment to a mobile telephone network
Maximum Sum Insured:
$538,500

In line with its growth strategy, this nation-wide telecommunications company solicited bids from manufacturers to upgrade Kenya’s transmission capacity in the Western region. A global manufacturer of telecommunications equipment won the bid and sought ATI’s insurance to protect the entire contract against non-payment.

The partnership with ATI and this client extends to insurance cover on similar deals in Malawi, Uganda and Zambia.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Payment delay; non-payment due to insolvency; currency transfer restriction; expropriation; embargo; and physical damage or business interruption caused by war and civil disturbance
Project:
Supply of digital microwave radio equipment to a mobile telephone company for expansion of their network
Maximum Sum Insured:
$519,000

When one of the world’s leading manufacturers and suppliers of telecommunications equipment signed a contract to supply to a multinational mobile operator in Uganda their next stop was ATI. With a comprehensive policy covering a variety of risks including payment delay and non-payment, the company proceeded with the deal.

The partnership with ATI and this global manufacturer extends to insurance cover on similar deals in Kenya, Malawi and Zambia.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Payment delay; non-payment due to insolvency; currency transfer restriction; expropriation; embargo; and physical damage or business interruption caused by war and civil disturbance
Project:
Supply of digital microwave radio equipment to a mobile telephone operator
Maximum Sum Insured:
$1,479,000

A global manufacturer of telecommunication equipment secured an order to supply equipment to a mobile telephone operator on credit terms in Zambia. To protect the order against possible payment-related issues, the manufacturer obtained ATI’s comprehensive insurance cover.

The partnership with ATI and this manufacturer extends to insurance cover on similar deals in Malawi and Uganda. This is the fifth transaction between ATI and this client, underscoring the confidence they draw from ATI’s insurance to further their expansion in Zambia.

Sector:
Telecommunications (ICT)
Insurance Type:
Lenders All Risks Policy - Single Obligor Trade Credit Insurance
Risks Covered:
Payment default by the borrower
Project:
Supply of ICT solutions
Maximum Sum Insured:
$425,000

A global engineering and technology consulting company won bids to supply a local telecommunications company and an international aid agency with mobile advertising and computer equipment. A major African bank set up a finance facility to help the company procure the equipment. With ATI’s insurance in place the Bank is protected against any payment defaults that may occur.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Insolvency and Protracted default, Transfer restriction, Expropriation, Embargo, War and Civil Disturbance
Project:
Supply and Installation of digital microwaves
Maximum Sum Insured:
$2.5 Million

Mobile penetration in Malawi is less than half the African average, which means there is excellent growth potential for service providers. ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. The project will help to upgrade network hubs for various locations in Malawi. 

 
Sector:
Telecommunications (ICT)
Insurance Type:
Non-payment by Private Buyer
Project:
Telecommunications
Maximum Sum Insured:
$5.5 million
In 2002, the telecommunications industry in the DRC was the least developed in the region with 10,000 fixed lines and 1 million cellular phones for a population of close to 60 million. By 2003, cellular phones were the primary means of telecommunication. They became a life line to many, particularly those living in rural communities.

Since 2003, the market has expanded rapidly with an influx of companies vying for market share. The local subsidiary of a leading cellular network provider in Africa found themselves in this predicament. The company wanted to maintain and grow market share in the DRC by expanding their network. To achieve this, they needed help to design, supply, construct and install cellular base station sites across the country.

An Israel based international Group and a long term partner of theirs, who provide telecom services to giants like Nokia, Siemens, Ericsson and Samsung, responded.  To cement the partnership, ATI issued its first Single Obligor Credit Risk policy to cover the contract in the event of payment default.

Sector:
Telecommunications (ICT)
Insurance Type:
Sovereign Buyer Non-payment Cover
Project:
Telecommunications
Maximum Sum Insured:
$10.6 million

This project, which involves laying down fibre optic cable, is central to the Kenyan government's plans to revamp its telecommunication sector. The cable will cover the Central, Western, Coast and North Eastern provinces, totaling 5,000 km.

Fibre optics is a medium for carrying information from one point to another in the form of light and it is much cheaper than the traditional copper form of transmission.

Rapid development of the country's fibre optic network will help it achieve middle income status, as laid out in the government's Economic Blueprint, Vision 2030. Under the plan, Kenya will rival countries like India in the business process outsourcing sector.

A fibre optic cable will increase internet and data connectivity, bring down telecommunications costs and make it easier for companies to compete on the international market. It will also give access to e-learning opportunities to people in the remotest areas of the country, who might not otherwise have received any training.

The government contracted a global communications company based in France and specializing in broadband communications and convergence activities. The company was contracted to deliver, install, commission, test and provide long term technical support to the project. To cover their investment, ATI provided Payment Default by a Sovereign Obligor insurance to the company and the project is now well underway, with completion expected by the end of 2009.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Transfer restriction, expropriation, war & civil disturbance, embargo, insolvency and payment delay
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$2.1 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries. 

The Democratic Republic of Congo, Kenya and Tanzania account for more than half of the mobile telephone market in the East and Central African region, among the fastest growing regions on the continent. The number of subscribers in Kenya is projected to grow by 87% in the next five years, ensuring that Kenya remains an attractive market for investors.

Sector:
Telecommunications (ICT)
Insurance Type:
Credit Risk Insurance
Risks Covered:
Insolvency and protracted default
Project:
Supply and Installation of Renewable Energy Equipment
Maximum Sum Insured:
$576,000

A Kenyan company providing innovative clean energy solutions to mobile phone operators in East and Central Africa obtained ATI cover to protect against the failure by a local telecommunications company to pay for goods received on credit due to insolvency or persistent non-payment (protracted default).   

The technology supports the mobile network company’s expansion into areas not serviced by the national electricity grid. With one of the fastest growing mobile phone markets in Africa, this project benefits Kenya’s rural communities, who will have increased access to a vital source of communication. The country will also benefit by reducing reliance on an environmentally unfriendly source of diesel power.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$1.6 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries.

Madagascar has three main mobile operators with Orange Madagascar commanding a 58% majority of the market. Socio-political challenges, low penetration rates and low gross domestic product are expected to dampen the telecommunications growth rate in the near to mid term forecast. The ATI funded project supports the industry’s push for deeper penetration and broader access across Madagascar in preparation for a post-civil conflict period that will see increased domestic spending.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$2.7 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries.

The telecommunications market in Malawi has undergone a mini revolution with the privatisation of the national company, MTL, and the introduction of wireless broadband networks and mobile data services. The current mobile telephone penetration is one of the lowest in Africa at 14%. Growth opportunity combined with the government’s commitment should ensure that this sector remains a bright spot contributing to Malawi’s economic development.
 

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, embargo and war & civil disturbance
Project:
Design, Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$7.5 million

This transaction is part of a Supplier Framework Agreement in which ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. The project will help to increase efficiency and decrease telecommunications costs. It will also create employment opportunities through the construction of network sites which have been outsourced to Malawian construction firms.  

A unique aspect of this deal is the client’s use of insurance. They are using the insurance to cover both their risks and receivables – their insured receivables are then used to secure bank financing. The existing credit shortage in African markets has resulted in a surge in demand from companies interested in using ATI’s insurance products for their receivables financing.

Sector:
Telecommunications (ICT)
Insurance Type:
Political Risk Insurance
Risks Covered:
Lack of foreign currency or restriction of its movement in and out of the risk country
Project:
Design, Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$1.6 million

This transaction is part of a Supplier Framework Agreement in which ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. Under this transaction, ATI is protecting the client’s post-delivery shipments against any government-related action or inaction that would prevent them from either converting the local currency into US dollars or transferring US dollars outside of Malawi.

Sector:
Telecommunications (ICT)
Insurance Type:
Political Risk Insurance
Risks Covered:
Lack of foreign currency or restriction of its movement in and out of the risk country
Project:
Design, Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$1.7 million

This transaction is part of a Supplier Framework Agreement in which ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. Under this transaction, ATI is protecting the client’s supply of GSM handsets against any government-related action or inaction that would prevent them from either converting the local currency into US dollars or transferring US dollars outside of Malawi.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$730,000

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries. 

With 10 million mobile phone subscribers out of a population of 30 million, the Ugandan market is one of several African countries poised to take off.
 

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non payment Insurance
Risks Covered:
Insolvency, payment delay, transfer restriction, expropriation, war & civil disturbance and embargo
Project:
Supply and Installation of Telecommunication Equipment
Maximum Sum Insured:
$3.7 million

This transaction falls under a Supply Agreement between two global companies, one a manufacturer of telecommunications equipment while the other provides mobile telephone services. ATI is insuring receivables from the supply and installation of network connectivity equipment and related accessories in several African countries.

The Zambian telecommunications market remains competitive with an independently regulated telecoms sector, three competing mobile networks and a national operator, which the government is privatising. The Zambian market, with a below average penetration of mobile telephony of 29% is one of several growth markets within the East and Southern Africa region.

Sector:
Telecommunications (ICT)
Insurance Type:
Political Risk Insurance
Risks Covered:
Expropriation (including license and frequency cancellation); and transfer restriction
Project:
Construction and operation of a telecommunications network
Maximum Sum Insured:
$12.5 million

An African telecommunications company wanted to protect its $12.5 million investment in Burundi. As a result, the company sought ATI insurance to protect its investment from expropriation by the host government and any arbitrary restriction on profit repatriation.

The company is expected to invest a total of $68 million in Burundi by 2011. With a mobile phone penetration that dwarfs the African average – 5.4% in Burundi compared to 34% across Africa – the company is banking on ATI’s continued support to capitalise on this market potential.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Payment delay; non-payment due to insolvency; currency transfer restriction; expropriation; embargo; and physical damage or business interruption caused by war and civil disturbance
Project:
Supply of digital microwave radio equipment to a mobile telephone network
Maximum Sum Insured:
$538,500

In line with its growth strategy, this nation-wide telecommunications company solicited bids from manufacturers to upgrade Kenya’s transmission capacity in the Western region. A global manufacturer of telecommunications equipment won the bid and sought ATI’s insurance to protect the entire contract against non-payment.

The partnership with ATI and this client extends to insurance cover on similar deals in Malawi, Uganda and Zambia.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Payment delay; non-payment due to insolvency; currency transfer restriction; expropriation; embargo; and physical damage or business interruption caused by war and civil disturbance
Project:
Supply of digital microwave radio equipment to a mobile telephone company for expansion of their network
Maximum Sum Insured:
$519,000

When one of the world’s leading manufacturers and suppliers of telecommunications equipment signed a contract to supply to a multinational mobile operator in Uganda their next stop was ATI. With a comprehensive policy covering a variety of risks including payment delay and non-payment, the company proceeded with the deal.

The partnership with ATI and this global manufacturer extends to insurance cover on similar deals in Kenya, Malawi and Zambia.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Payment delay; non-payment due to insolvency; currency transfer restriction; expropriation; embargo; and physical damage or business interruption caused by war and civil disturbance
Project:
Supply of digital microwave radio equipment to a mobile telephone operator
Maximum Sum Insured:
$1,479,000

A global manufacturer of telecommunication equipment secured an order to supply equipment to a mobile telephone operator on credit terms in Zambia. To protect the order against possible payment-related issues, the manufacturer obtained ATI’s comprehensive insurance cover.

The partnership with ATI and this manufacturer extends to insurance cover on similar deals in Malawi and Uganda. This is the fifth transaction between ATI and this client, underscoring the confidence they draw from ATI’s insurance to further their expansion in Zambia.

Sector:
Telecommunications (ICT)
Insurance Type:
Lenders All Risks Policy - Single Obligor Trade Credit Insurance
Risks Covered:
Payment default by the borrower
Project:
Supply of ICT solutions
Maximum Sum Insured:
$425,000

A global engineering and technology consulting company won bids to supply a local telecommunications company and an international aid agency with mobile advertising and computer equipment. A major African bank set up a finance facility to help the company procure the equipment. With ATI’s insurance in place the Bank is protected against any payment defaults that may occur.

Sector:
Telecommunications (ICT)
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Insolvency and Protracted default, Transfer restriction, Expropriation, Embargo, War and Civil Disturbance
Project:
Supply and Installation of digital microwaves
Maximum Sum Insured:
$2.5 Million

Mobile penetration in Malawi is less than half the African average, which means there is excellent growth potential for service providers. ATI is providing insurance to protect the credit sale and delivery of equipment for an international telecommunications company. The project will help to upgrade network hubs for various locations in Malawi.