ECIC plays a pivotal role in sub-Saharan projects and development
Following the international trend in the creation of export credit agencies (ECAs) after World War II, South Africa began to offer official support for export transactions in 1957.
Instead of creating a dedicated ECA, reinsurance cover was made through the Department of Trade and Industry, the dti (then know as the Department of Economic Affairs) and the Credit Guarantee Insurance Corporation of Africa Limited (Credit Guarantee). This relationship lasted for more than 40 years.
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