Kenya dislodged from top ownership of insurer ATI

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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.

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