The ECIC provides insurance that enables South African exporters to offer their services and products on the international market. It has a particular focus on emerging markets in Africa that are considered too risky for 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 attract foreign income, stimulate domestic economic growth, and create local jobs.
Founded: 2 July 2001
Enabling Act: Export Credit and Foreign Investments Insurance Act (1957, as amended)
Shareholder: South African government, represented by the dtic
Head Office: Centurion, Pretoria