ECIC SA was established in 2001 in terms of the Export Credit and Foreign Investments Insurance Act, 1957, as amended. It is a registered insurer and a public company with limited liability. ECIC provides insurance that enables South African exporters to offer their services and products on the international market, with a particular focus on emerging markets in Africa that are considered too risky by conventional insures. 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 local economic growth and create local jobs.

✓ Export credit insurance: Underwrites loans (buyer and supplier credit as well as project finance facilities) over the medium/longterm, against commercial and political events of default, breach of contract, currency inconvertibility and transfer risk etc.
✓ Investment insurance: Cover offered to investors (equity, shareholder loans as well as commercial loans) against expropriation, confiscation, nationalisation, war, armed hostilities, civil war, rebellion, revolution or similar disturbances, currency inconvertibility and transfer risk.
✓ Performance bond insurance: Cover performance bonds issued on behalf of exporters participating in exports of capital goods and/or services.

Founded: 2001
Ownership: ECIC is fully owned by the South African Government