Page 70 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2025
P. 70
10/2/25, 8:28 AM ECI highlights its role as catalyst in enhancing trade, investment opportunities between UAE and Africa
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.
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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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