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Johannesburg, South Africa, 26 June 2018: – The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC) today in Johannesburg, South Africa, are officially launching South African-Africa Trade and Investment Promotion Programme (SATIPP), a $1 billion financing programme to promote and expand trade and investments between South Africa and the rest of Africa.
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Experts applaud intra Africa trade
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SABC - South Africa can be a catalyst for intra Africa trade.
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ENCA - Intra Africa trade has potential to build sustainable economic development
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The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa (ECIC) have entered into a memorandum of understanding (MOU) to launch a $1 billion financing programme to promote and expand trade and investments between South Africa and the rest of Africa.
Under the terms of the MOU signed in Cairo on Monday, Afreximbank and ECIC will jointly implement a South Africa-Africa Trade and Investment Promotion Programme (SATIPP).
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In light of ECIC’s participation in the Africa Energy Indaba, Senior Economist, Tsidiso Disenyana has been featured on CNBC Africa, Power Lunch under the topic Indaba hopes to secure solutions and services to meet Africa’s energy demands.
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ECIC has provided 100% PRI and CRI to Nedbank for financing the Design, Supply and Construction of a new mining maintenance fleet workshop at Letseng Mine. The ECIC amount covered is ZAR180 million.
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The Department of Trade and Industry (the dti) released a media statement under the topic Black Industrialists pin hope on MP’s.
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ECIC has been featured in the annual Western Cape Business 2017, under the topic, Celebrating Export Excellence.
Please find attached the article for your perusal.
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The second Technical Workshop of BRICS Export Credit Agencies (ECAs) was held at Hyderabad from the 01 – 02 December 2016.
The Technical Workshop was part of a series of events being organised under the Chairmanship of India of BRICS Forum. The Technical Workshop was hosted by ECGC Limited, a premier Export Credit Agency of India.
Please find attached the press release for your perusal.