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Kenya dislodged from top ownership of insurer ATI
African Trade Insurance Agency (ATI) chief executive officer Manuel Moses during the interview at the agency's Upperhill offices on February 28, 2023. PHOTO | DIANA NGILA | NMG
Togo and Benin have knocked Kenya off the top ownership of the African Trade Insurance Agency (ATI) after injecting unspecified additional capital into the pan-African Institution.
Togo has increased its stake to 8.5 percent stake in ATI based on its paid-up capital which now stands at Sh4.69 billion ($35.4 million), according to the institution’s records as of June 2022.