Search For Projects        
             
     
             

 


This list represents a selection of ATI projects

Sector:
Manufacturing
Insurance Type:
Whole Turnover Credit Risk Insurance
Project:
Chemical Exports
Maximum Sum Insured:
$2.1 million

Many regional companies can suddenly see their business grow and evolve to levels that require additional funding. This is the case with a Kenyan company, which imports, markets and distributes chemicals on behalf of a number of global companies. The companys business model in the industrial chemicals segment has evolved to where they need to sell directly to their end-customers in Kenya, Mozambique, Tanzania and Uganda. To cover these buyers in East Africa, the company obtained a $5 million trade finance facility from a regional bank. ATI supported the deal by supplying $2.1 million worth of Credit Risk Insurance.

Sector:
Manufacturing
Insurance Type:
Whole Turnover Credit Insurance
Project:
Textile Exports
Maximum Sum Insured:
$385,000

The textile industry in Tanzania plays a central role in the country's economy, supplying a broad tax revenue base and employing thousands of mostly women.

The trade liberalization policies of the late 80's weakened the domestic industry as higher quality and cheaper goods from other countries entered the local market. Many plants could not survive and some languished under improper maintenance. Today the industry is seeing a revitalisation. Under the government's Privatisation Policy, companies are focusing on export markets. And they are taking over and rehabilitating old textile plants.

To protect its export sales of cotton yarn to buyers in China, Columbia, Rwanda, Portugal and Italy, as well as protecting its investment in new machinery, a local Tanzanian company secured Whole Turnover Credit Risk Insurance from ATI. Though comparatively small, this project can have a major impact securing a vital industry against buyer default, a likely side effect of the global credit crunch.

Sector:
Manufacturing
Insurance Type:
Credit Risk Insurance
Risks Covered:
Insolvency and protracted default
Project:
Supply of Manufactured Carpets
Maximum Sum Insured:
$135,000

After receiving an order for custom made carpets from a leading operator in the Kenyan tourism sector, a South African carpet manufacturer purchased ATI’s insurance to protect against non-payment.

This project supports the recovery of Kenya’s tourism industry which saw a near 35% reduction in tourism following the 2007 post-election violence. With a country-branding and tourism initiative in place, Kenya is set to hit its 2012 targets to attract three million visitors (one million above its record-breaking pre-crisis levels) and raising tourism earnings to $2.6 billion annually.

Sector:
Manufacturing
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Non-payment or delay on a scheduled payment; expropriation; currency inconvertibility and transfer restriction; and physical damage or business interruption caused by war and civil disturbance
Project:
Production of a bottling plant
Maximum Sum Insured:
$3.7 million

The emergence of a competitor in the Zambian beverage industry prompted great optimism. The bottler pledged to employ over 100 staff in the first year of operation while creating growth opportunities in the value chain that includes transportation, the sugar industry, fruit growers and other small enterprises.

The lender, a local subsidiary of a reputable international banking group, fronted the operation with a loan of $7 million. The bank purchased ATI insurance to hedge their risks against default on the scheduled loan repayments.

Once completed, the plant is expected to produce five million cases of soft drinks per year, supplying beverages to the local market as well as the entire Central African region.

Sector:
Manufacturing
Insurance Type:
Political Risk Insurance
Risks Covered:
Non-payment by a government agency
Project:
Delivery of pharmaceutical drugs and medical supplies to a government agency
Maximum Sum Insured:
$4.8 million

A Kenyan manufacturer of pharmaceuticals relating to malaria and HIV/AIDS won a tender to distribute medical supplies to a government agency responsible for procurement, warehousing and distribution of medical supplies. The agency is tasked with delivering up to 45% of the drugs and health equipment to public health facilities across Kenya.

Before signing the contract, the manufacturer obtained ATI’s insurance to protect them against non-payment. ATI’s strong relationships with the Kenyan government, which is also a shareholder in ATI, offers clients added comfort against the government’s defaulting on contractual obligations.

Sector:
Manufacturing
Insurance Type:
Non-payment or protracted default by a sovereign project sponsor and transfer restriction
Project:
Water supply improvement
Maximum Sum Insured:
$17.2 million

Access to potable water remains a challenge to Tanzania’s development goals. It is estimated that only 11% of households have to-the-door access to potable water while the balance of the population must travel from 15 to over 30 minutes to access water.  

This project provides reliable and safe water supply to a township of over one million people located in central Tanzania. ATI is providing insurance to the Mauritius based engineering firm to cover their contract against delays in payment and non-payment by the government ministry sponsoring the project in addition to the risk of transfer restriction.

Sector:
Manufacturing
Insurance Type:
Whole Turnover Credit Risk Insurance
Project:
Chemical Exports
Maximum Sum Insured:
$2.1 million

Many regional companies can suddenly see their business grow and evolve to levels that require additional funding. This is the case with a Kenyan company, which imports, markets and distributes chemicals on behalf of a number of global companies. The companys business model in the industrial chemicals segment has evolved to where they need to sell directly to their end-customers in Kenya, Mozambique, Tanzania and Uganda. To cover these buyers in East Africa, the company obtained a $5 million trade finance facility from a regional bank. ATI supported the deal by supplying $2.1 million worth of Credit Risk Insurance.

Sector:
Manufacturing
Insurance Type:
Whole Turnover Credit Insurance
Project:
Textile Exports
Maximum Sum Insured:
$385,000

The textile industry in Tanzania plays a central role in the country's economy, supplying a broad tax revenue base and employing thousands of mostly women.

The trade liberalization policies of the late 80's weakened the domestic industry as higher quality and cheaper goods from other countries entered the local market. Many plants could not survive and some languished under improper maintenance. Today the industry is seeing a revitalisation. Under the government's Privatisation Policy, companies are focusing on export markets. And they are taking over and rehabilitating old textile plants.

To protect its export sales of cotton yarn to buyers in China, Columbia, Rwanda, Portugal and Italy, as well as protecting its investment in new machinery, a local Tanzanian company secured Whole Turnover Credit Risk Insurance from ATI. Though comparatively small, this project can have a major impact securing a vital industry against buyer default, a likely side effect of the global credit crunch.

Sector:
Manufacturing
Insurance Type:
Credit Risk Insurance
Risks Covered:
Insolvency and protracted default
Project:
Supply of Manufactured Carpets
Maximum Sum Insured:
$135,000

After receiving an order for custom made carpets from a leading operator in the Kenyan tourism sector, a South African carpet manufacturer purchased ATI’s insurance to protect against non-payment.

This project supports the recovery of Kenya’s tourism industry which saw a near 35% reduction in tourism following the 2007 post-election violence. With a country-branding and tourism initiative in place, Kenya is set to hit its 2012 targets to attract three million visitors (one million above its record-breaking pre-crisis levels) and raising tourism earnings to $2.6 billion annually.

Sector:
Manufacturing
Insurance Type:
Comprehensive Non-payment Insurance
Risks Covered:
Non-payment or delay on a scheduled payment; expropriation; currency inconvertibility and transfer restriction; and physical damage or business interruption caused by war and civil disturbance
Project:
Production of a bottling plant
Maximum Sum Insured:
$3.7 million

The emergence of a competitor in the Zambian beverage industry prompted great optimism. The bottler pledged to employ over 100 staff in the first year of operation while creating growth opportunities in the value chain that includes transportation, the sugar industry, fruit growers and other small enterprises.

The lender, a local subsidiary of a reputable international banking group, fronted the operation with a loan of $7 million. The bank purchased ATI insurance to hedge their risks against default on the scheduled loan repayments.

Once completed, the plant is expected to produce five million cases of soft drinks per year, supplying beverages to the local market as well as the entire Central African region.

Sector:
Manufacturing
Insurance Type:
Political Risk Insurance
Risks Covered:
Non-payment by a government agency
Project:
Delivery of pharmaceutical drugs and medical supplies to a government agency
Maximum Sum Insured:
$4.8 million

A Kenyan manufacturer of pharmaceuticals relating to malaria and HIV/AIDS won a tender to distribute medical supplies to a government agency responsible for procurement, warehousing and distribution of medical supplies. The agency is tasked with delivering up to 45% of the drugs and health equipment to public health facilities across Kenya.

Before signing the contract, the manufacturer obtained ATI’s insurance to protect them against non-payment. ATI’s strong relationships with the Kenyan government, which is also a shareholder in ATI, offers clients added comfort against the government’s defaulting on contractual obligations.

Sector:
Manufacturing
Insurance Type:
Non-payment or protracted default by a sovereign project sponsor and transfer restriction
Project:
Water supply improvement
Maximum Sum Insured:
$17.2 million

Access to potable water remains a challenge to Tanzania’s development goals. It is estimated that only 11% of households have to-the-door access to potable water while the balance of the population must travel from 15 to over 30 minutes to access water.  

This project provides reliable and safe water supply to a township of over one million people located in central Tanzania. ATI is providing insurance to the Mauritius based engineering firm to cover their contract against delays in payment and non-payment by the government ministry sponsoring the project in addition to the risk of transfer restriction.