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 in terms of the Export Credit and Foreign Investments Insurance Act 78 of 1957, as amended. The corporation operates under the auspices of the Department of Trade, Industry and Competition. The Corporation was established to facilitate and encouraging South African export trade by underwriting bank loans and investments outside the country to enable South African contractors to win goods and services contracts in jurisdictions beyond the country’s borders. The Corporation is a self-sustaining company and a Schedule 3B entity under the Public Finance Management Act, 1999 (as amended). The Corporation is regulated by the Financial Sector Conduct Authority and Prudential Authority, respectively, and subject to legislation applicable to state-owned companies.
Our mandate is to facilitate cross-border investment and export trade by providing commercial and political risk insurance to South African exporters of capital goods and services to support medium and long-term loans advanced by banks and other financial institutions.
AddressBlock C7 & C8 Eco Origins Office Park
349 Witch Hazel Avenue, Highveld, Ext 79