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10/3/25, 8:40 AM ECI highlights its role as catalyst in enhancing trade and investment opportunities between the UAE and Africa | Web Release
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.
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