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Export Credit Insurance Corp News

Intra-Africa trade lags

25th January 2019 With the 2019 Investing in African Mining Indaba – the world’s largest mining investment conference, dedicated to the capitalisation and development of mining throughout Africa – set to take place in February, insurance corporation Export Credit Insurance Corporation of South Africa (ECIC)... 

Nacala corridor transaction reaffirms ‘Africa open for business’

30th July 2018 Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised... 

Afreximbank, ECIC Sign MOU, Pledge $1bn to Expand Trade Between South Africa and Other African Nations

16th April 2018 Afreximbank President Dr. Benedict Oramah (right) and Kutoane Kutoane, Chief Executive Officer of ECIC of South Africa, exchange documents following the signing of the MOU in Cairo. The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa (ECIC)... 

South Africa set to play significant role in Congo potash project

16th April 2018 South Africa is likely to play a significant role in the development and construction of the large new potash mine and processing plant that is being planned in the Republic of Congo (RoC) at an expected capital cost of $2-billion. Potentially one of the lowest operational cost potash projects in... 
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Two people injured as military helicopter crashes in Centurion

Two people were injured when a military helicopter crashed on the corners of Ruimte Road and Old Johannesburg Road in Centurion on Friday afternoon, paramedics said. Rescue Care spokesperson Garrith Jamieson said Emer-G-Med Paramedics responded to the call and found two patients had sustained... 

Organisations call for responsible transformation in the construction sector

The Black Business Council (BBC), the BBC in the Built Environment and the Forum for Radical Economic Transformation on Thursday condemned the disruption by local business forums of construction projects in South Africa. The parties met to discuss issues focusing on local economic participation... 
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