Export Credit Insurance Corporation of South Africa Soc Ltd (ECIC)

#ECIC is participating in the 6th annual Entrepreneurship Development in Higher Education (EDHE) studentpreneurs Indaba hosted by the dtic and the University of the Witwatersrand on the 5 – 6 September 2024 under the theme "Sustainable Entrepreneurship: Building Businesses for a Better Future”. ECIC Senior Underwriter Ntombifuthi Priscilla Mdluli will be speaking on a panel facilitated by the dtic Exports Branch under the topic "Access to markets: Cultivating an Export Culture Among youth-led enterprises" which aims to empower student entrepreneurs and youth-owned businesses with the knowledge and tools they need to explore international markets. Facilitated by the the dti (Department of Trade and Industry: Republic of South Africa), this session will delve into the significance of exports in driving economic resilience and growth. Through a dynamic panel discussion, they will explore the various trade agreements, including the African Growth and Opportunity Act (AGOA), the African Continental Free Trade Area (AfCFTA), and the trade opportunities offered to young entrepreneurs. #afcfta #afcftatrading #agoa #southafrica #southafricanbusiness #creditinsurance #export #africanbusiness #trade

#ECIC has partnered with SARA Rail as a sponsor to the 13th Rail Conference and Exhibition held on the 20 – 23 August 2024 at the Sandton Convention Centre. The conversations will include projects and opportunities on offer, as well as engagement with key decision-makers from both railway operators and transport ministries, and different key players and stakeholders from the African Continent and beyond. This year’s event serves as a prestigious platform for industry leaders, stakeholders, and innovators to discuss and explore the latest advancements and opportunities in railway infrastructure and operations. #southafricanrail #railways #railinfrastructure #transportlogistics #africanbusiness #afcfta Portia Dube Marvin Silawule

ECIC Senior Underwriter, Philemon Thabo Thobane, will also be participating on Plenary Panel 3 titled ‘Funding and Investment: One of the main challenges in African infrastructure development is securing adequate funding and attracting both public and private investments. How does Africa attract Infrastructure Funding and what Financing Mechanisms are available?’ at Infrastructure Africa 2024 in Cape Town on Tuesday, 16 July, at 13h00 CAT. #ecic #infrastructureafrica2024 #africa #infrastructurefinance #infrastructure #african #southafrican #africanbusiness #africandevelopment

ECIC is a proud sponsor of the 2024 edition of Infrastructure Africa taking place from 16 – 17 July 2024 at the CTICC in Cape Town. The event aims to drive content relating to the business opportunities around infrastructure development in Africa. Infrastructure Africa will connect industry stakeholders, foster dialogue, provide leading-edge information, promote investment and expansion, as well as facilitate business development around Africa’s growth and infrastructure needs. ECIC Senior Underwriter, Philemon Thabo Thobane, will also be representing the Corporation on a Plenary Panel 3 on Day 1 of the event, which will be focused on the challenges facing funding and investment in infrastructure on the continent. #ecic #infrastructureafrica2024 #infrastructure #southafrica #southafricanbusiness #africanbusiness #africa

ECIC Business Development Specialist, Dr Mbiya Baudouin, will be representing the Corporation at the virtual Africa Business Connect Forum titled: “Optimising business opportunities in South Africa, the beneficial impact of ECIC support to international entrepreneurs” on Friday, 5 July 2024 at 19h00 CAT. The webinar will be broadcast in French. The Africa Business Connect forum represents a major initiative designed to boost economic relations and encourage sectoral partnerships between African businesses and international players. Based on a collaborative and proactive approach, this ambitious programme aims to consolidate trade ties and stimulate economic growth within the African continent. In collaboration with SACCI (South Africa – Cote d’Ivoire Chamber of commerce) and the Randburg Chamber of Commerce and Industry (RCCI). The webinar is a prelude to the 3rd Edition of their annual business forum scheduled to take place in Johannesburg from 26 to 28 August 2024, which attracts entrepreneurs and business people from across Africa. #ECIC #Africanbusiness #Africa #SouthAfricanbusiness

Green metals play a vital role in the transition to clean energy and the decarbonisation of the global economy. Africa boasts significant deposits of strategic metals pivotal to the global shift from conventional to clean energy sources. South Africa has the largest manganese share on the continent at 40%. In April 2024, ECIC’s PEAR Unit released a Green Metals Sector Report which provides an overview of the metal reserves by country as well as an analysis of the potential global role of African countries in this important sector. Read ECIC’s PEAR Unit Green Metals Sector Report here: https://lnkd.in/d2cCquWc   #ecic #greenmetals #cleanenergy #africa #africanbusiness #greenmetals

The growing momentum globally to transition from fossil fuel-based energy sources to clean energy, has resulted in an increased demand for green metals. Africa’s abundance of green metal reserves presents significant opportunities for investors and exporters and and positions the continent to play a key role in the global green economy. In April 2024, ECIC’s PEAR Unit released a Green Metals Sector Report which explores trade and investment opportunities in this sector. You can access the full report here: https://lnkd.in/d2cCquWc #ecic #energyprojects #africa #africanbusiness #sustainableenergy #greenenergy #energytransition #greenmetals #southafrica

This morning’s ECIC, Industrial Development Corporation (IDC) and Johannesburg Chamber of Commerce and Industry (JCCI) panel on “Support mechanisms available for South African companies doing business in other African countries” yielded important insights into the IDC and ECIC’s Export Passport Facility of R1.5 billion (US$80 million) which is currently being piloted. The facility aims to stimulate export trade out of South Africa into the rest of the continent under the African Continental Free Trade Area (AfCFTA). ECIC will provide political risk and commercial risk cover through the facility, and it will, amongst other things, cater for Black Industrialists and Small Medium and Micro Enterprises (SMMEs) that are involved in export trade transactions, including new entrants. ECIC’s Head: Deal Origination, Portia Dube, also provided an overview of ECIC’s principles and its expanded mandate, which now includes short term cover. She also spoke to the benefits for lending institutions and exporters when ECIC is involved in export transactions. Portia highlighted that when ECIC provides cover on a cross-border transaction, the corporation remains in the transaction for the duration of the facility. She noted that the starting point of ECIC’s involvement is South African content. For projects in Africa, a minimum of 50% local content and at least 20% from the host country. She reiterated that the ECIC is open for business and eager to support export transactions under the AfCFTA. #ecic #afcfta #afcftatrading #creditinsurance #southafricanbusiness #africanbusiness

ECIC’s Head: Deal Origination, Portia Dube, will be participating in a virtual panel discussion titled “Support mechanisms available for South African companies doing business in other African countries” on Monday 24 June 2024 from 09h00 – 11h00 CAT. The panel, which is being hosted jointly by #ECIC, the Industrial Development Corporation (IDC) and the Johannesburg Chamber of Commerce and Industry (JCCI), will provide insight into the financial support mechanisms available for SA businesses looking to take advantage of opportunities presented by the African Continental Free Trade Area (AfCFTA). You can register to join this important conversation here: https://lnkd.in/di28iPpf #afcfta #afcftatrading #southafricanbusiness

Afreximbank’s Annual Meetings 2024 Calls for Africans Across the Globe to Unite Heads of state, ministers, government officials, and renowned captains of industry attended the 31st African Export-Import Bank (Afreximbank) Annual Meetings (AAM) in Nassau, in the Bahamas last week. #ECIC’s Warren Koen CA(SA), (PD)SA, Manager: Office of the CEO, and Sisa Mayekiso CA(SA),CFA, Independent Non-Executive Director represented the Corporation at the event, which was themed “Owning our Destiny: Economic Prosperity on the Platform of Global Africa.” These meetings are considered crucial for economic decision-makers in Africa and the Caribbean and are covered by the African, Caribbean, and international media. #ecic #afreximbank #onepeoplesharedaspirations #actif2024 #globalafrica #globalafricaprosperity #africanbusiness #carribean #africa #africarising #theafricawewant