ECIC AR 2024 9TH

E

D

H

S

I

L I

N

B

2

0

A

0

T

S

1

E

Integrated Report 2024

E X P O R T C R E

L T D

O C

A S

C

R I

D I

F

T

A

I

N

H

S

T

U

U

R

O

A

S

N

F

C

O

E

N

C

O

O

I

R

T

P

A

O

R

Table 22: Top 3 Economic sectors

Top three countries exposure amount to R13,9bn (81,49%)

Top three economic sectors amount to R14,47b (84,88%)

Ghana

46,91% Power and energy

43,40%

Zimbabwe

26,10% Construction

24,81%

Construction of civil engineering structures

Ethiopia

8,48%

16,68%

Sectoral Exposure

100%

90%

80%

70%

60%

50%

40%

30%

20%

10%

0%

Mar-23

Mar-24

Mar-25

Mar-26

Mar-27

Mar-28

Mar-29

Accomodation & Catering Construction of Civil Engineering Structures

Cement Plant (Manufacturing)

Construction and Infrastructure

Gas Distribution

Infrastucture

Mining Power

Mining & Quarrying Telecommuncation Transportation (Land Transport)

Manufacturing

Oil and Gas

Transport & Storage (Air Transport & Services)

Transport & storage Transportation (Water Transportation)

Water collection, treatment & supply (Water Supply)

Figure 19: Sum insured per sector

Figure 19 reflects the sovereign debt as a percentage of the total sum insured including pipeline. This reflects ECIC’s reduced appetite for sovereign debt, as many countries in Africa seek debt relief.

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