Page 74 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2025
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10/3/25, 8:39 AM UAE Expands Investment in Africa as Etihad Credit Insurance Backs Emirati Trade and Clean Energy Initiatives - African Gulf Maga…
The session highlighted the Capital with Purpose initiative as a strategic evolution in UAE-Africa
relations, transitioning from traditional trade and capital flows to a diversified, resilient,
and impact-driven investment model. This paradigm encourages resilient growth, amplifies global
competitiveness, and forges a cycle of investment, job creation, and technology transfer.
ECI’s critical role in fueling this transformation was spotlighted throughout the session. As the UAE’s
federal export credit company, ECI is central in de-risking and promoting high-capital
participation by providing credit guarantees, risk mitigation, and financial solutions. These
instruments are crucial for substantial projects needing significant upfront investment and long-term
commitment, especially in key sectors like renewable energy, infrastructure, and digital
transformation.
Currently, ECI operates across 30 African countries, empowering UAE small and medium-sized
enterprises (SMEs) to integrate with continental supply chains and supporting sovereign-led
infrastructure projects. Recent deals span vital areas including healthcare, hospital
construction, medical fleets, emergency infrastructure, firefighting, technology and data,
and green energy sectors such as solar and wind projects. ECI’s initiatives involve partnerships
with other Export Credit Agencies (ECAs), Development Finance Institutions (DFIs), and
the private sector to develop innovative financial solutions.
The panel also showcased the UAE’s broader commitment to sustainable development in Africa,
highlighting the African Green Investment Initiative (AGII). Announced at the Africa Climate
Summit in Nairobi in September 2023, AGII unites diverse stakeholders and introduces a new
approach to climate finance, pooling resources, expertise, and local insights.
In closing, the discussion drew attention to ECI’s support of the UAE’s global clean energy agenda.
At COP28, the UAE pledged USD 4.5 billion to accelerate clean energy projects across Africa. In
direct alignment, ECI is providing USD 500 million in credit insurance to reduce investment risk and
mobilise private capital—further confirming ECI’s steadfast support for global sustainable
development.
Hosting the second edition of the forum in Dubai underscores the UAE’s expanding economic and
trade relationship with African countries. The UAE is already the largest investor in Africa among
its GCC peers, and the Emirates’ continued leadership enhances connectivity and collaborative
development with the continent. Dubai’s 2025 hosting follows the successful 2024 edition and a legacy
of ten forums previously held in London.
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