Claim: With paid-up capital of $11.7 million, India is the lone member country or shareholder of the African Trade Insurance Agency, Africa's only multilateral investment and credit insurer, that is not located in Africa, as of 2020.
Evidence: ATI has 18 member countries and 11 other corporate shareholders like the African Development Bank, Trade Development Bank, UK Export Finance (UKEF), , Chubb and Atradius.