Export Credit Insurance Corporation of South Africa SOC LTD

The Export Credit Insurance Corporation of South Africa SOC LTD (ECIC) is the official export credit agency (ECA) of the South African government, founded on 02 July 2001. ECIC falls under the auspices of the of the Department of Trade, Industry and Competition. Our mandate is to facilitate cross-border investment and export trade by providing commercial and political risk insurance to South African exporters of goods and services to support short term and medium to long-term loans advanced by banks and other financial institutions.
The Corporation’s particular focus is on emerging markets in Africa and outside the continent that are considered too risky for conventional insurers. The Corporation's goal - as mandated by the South African government as the sole shareholder and aligned with South Africa's national imperatives - is to make South African exporters attractive to international buyers to stimulate economic growth through foreign income and contribute to job creation and global competitiveness.