Page 53 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2025
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10/2/25, 8:25 AM Home | Emirates News Agency
ECI’s fundamental contribution to this drive was highlighted. As the UAE’s federal export credit company, it plays a vital role in de-risking and
enabling higher-capital participation by providing credit guarantees, risk mitigation, and related financial solutions. This support is crucial for
large-scale projects that require significant upfront capital and long-term commitments, particularly in renewable energy, infrastructure, and
digital transformation.
ECI currently operates in 30 African countries, supporting UAE small and medium-sized enterprises (SMEs) as they integrate into continental
supply chains, while also backing sovereign-led infrastructure projects. The company has already closed deals in key sectors such as
healthcare, hospital construction, medical fleets, emergency infrastructure, firefighting, technology and data, and green energy- including
solar and wind projects. These initiatives are carried out in close partnership with Export Credit Agencies (ECAs), Development Finance
Institutions (DFIs), and private markets to co-create innovative solutions.
Furthermore, prominent initiatives led by the UAE to advance sustainable development in the African continent were discussed, with a
spotlight on the “African Green Investment Initiative” (AGII). Announced at the Africa Climate Summit, held in Nairobi in September 2023, AGII
is a multistakeholder partnership that adopts an innovative approach to climate finance, combining the resources, expertise, and local
knowledge of its partners.
Towards the closing of the session, emphasis was placed on ECI’s role in supporting the UAE’s global clean energy agenda. During COP28,
the UAE pledged USD 4.5 billion to accelerate clean energy projects across Africa. In line with this, ECI is providing USD 500 million of credit
insurance to de-risk and unlock private capital - further demonstrating ECI’s commitment towards global sustainable development.
The UAE's hosting of this second edition comes within the framework of its growing economic and trade relations with African countries,
particularly as it is the largest investor in Africa among the GCC countries. Dubai hosted the 2024 edition of the forum, following ten
successful editions held in London.
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