Ecicsa

the export credit insurance corporation of south africa (ecic) was established 17 years ago, in july 2001, with the mandate of filling a market gap through the provision of medium to long-term export credit and investment insurance by underwriting bank loans against political and commercial risks, on behalf of the south african government. the ecic provides insurance that enables south african exporters to offer their services and products on the international markets, with particular focus on africa and other emerging markets that are considered too risky by conventional insurers. its overarching goal – and its mandate from the south african government as its sole shareholder – is to make south african exporters attractive to international buyers to earn foreign income, stimulate economic growth and create jobs. along with the ecic’s major shareholder – the department of trade and industry – the ecic makes use of market research tools and specialised business development units to cr