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This list represents a selection of ATI projects

Sector:
Tourism
Insurance Type:
Foreign Direct Investment Insurance
Project:
Hotel construction
Maximum Sum Insured:
$25 million

Kampala, Uganda, like many other major African cities experienced a surge in tourism in the last decade. Their success led to a shortage of quality accommodation and meeting facilities.
 
To help Uganda's tourism industry, ATI provided $25 million in Foreign Direct Investment Insurance protection to a South African based investor of an international hotel chain being built in Kampala.

 

Sector:
Tourism
Insurance Type:
Political Risk Insurance Non honouring of a sovereign guarantee
Risks Covered:
Non-Honouring of a Ministry of Finance Guarantee
Project:
Term loan facility to finance purchase of new aircraft in support of air transportation
Maximum Sum Insured:
$60 million

This project supports Rwanda’s tourism boom which brought in $200 million to the local economy in 2010. To better service the estimated 666,000 tourists that visited last year the government is revamping its ICT infrastructure, regional railway and energy grid. Shoring up its regional carrier is also seen as a core part of a plan to compete with its neighbours for a share of the lucrative tourism market and manufacturing business. To support the airline’s expansion, ATI insured PTA Bank’s loan to the airline against government payment default. In the process, ATI fulfils a core mandate to support efforts that remove barriers to trade in the region - key among these barriers is lack of efficient transportation.

Sector:
Tourism
Insurance Type:
Foreign Direct Investment Insurance
Project:
Hotel construction
Maximum Sum Insured:
$25 million

Kampala, Uganda, like many other major African cities experienced a surge in tourism in the last decade. Their success led to a shortage of quality accommodation and meeting facilities.
 
To help Uganda's tourism industry, ATI provided $25 million in Foreign Direct Investment Insurance protection to a South African based investor of an international hotel chain being built in Kampala.

 

Sector:
Tourism
Insurance Type:
Political Risk Insurance Non honouring of a sovereign guarantee
Risks Covered:
Non-Honouring of a Ministry of Finance Guarantee
Project:
Term loan facility to finance purchase of new aircraft in support of air transportation
Maximum Sum Insured:
$60 million

This project supports Rwanda’s tourism boom which brought in $200 million to the local economy in 2010. To better service the estimated 666,000 tourists that visited last year the government is revamping its ICT infrastructure, regional railway and energy grid. Shoring up its regional carrier is also seen as a core part of a plan to compete with its neighbours for a share of the lucrative tourism market and manufacturing business. To support the airline’s expansion, ATI insured PTA Bank’s loan to the airline against government payment default. In the process, ATI fulfils a core mandate to support efforts that remove barriers to trade in the region - key among these barriers is lack of efficient transportation.