Page 56 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2025
P. 56

10/2/25, 8:26 AM          ECI highlights its role as catalyst in enhancing trade and investment opportunities between the UAE and Africa
        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.


        It is noteworthy that the forum brought together global companies, private and public investment
        bodies, thought leaders and policy makers, in a series of discussions on strengthening trade and
        investment relations between the UAE and the African continent.


        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.

        -ends-


        Posted on October 1, 2025
        Posted in Business & Investments
        Tagged Etihad Credit Insurance (ECI).



















      https://uaenews4u.com/2025/10/01/eci-highlights-its-role-as-catalyst-in-enhancing-trade-and-investment-opportunities-between-the-uae-and-africa/  2/4
   51   52   53   54   55   56   57   58   59   60   61