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Integrated Report 2024

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Export Passport Programme In response to the urgent need to tackle unemployment and economic inclusion in South Africa, ECIC pursued a Cooperation Agreement with the Department of Trade, Industry and Competition ( the dtic ), the Industrial Development Corporation (IDC) and the National Empowerment Fund (NEF), which has now been concluded. This collaboration has taken the form of the Export Passport Programme which is a new and energised offshoot of the dtic ’s Global Export Passport Programme. The programme aims to address the following key challenges: • Lack of access to finance-to-finance export transactions; • Lack of access to key markets; and • Provision of institutional support through training and incubation programmes.

In this regard in November 2023, the dtic , IDC, NEF and ECIC concluded a Cooperation Agreement which sets objectives and operational framework of the Export Passport Programme, which will leverage on each of the entities’ existing product offerings and export related programmes. The new programme will combine existing exporter training elements with access to export finance and guarantees that will be extended to the participating companies, amongst others, which will be drawn from the existing Enterprise and Suppliers programme.

ECIC at the Black Industrialists and Exporters Conference

YOUR EXPORT RISK PARTNER

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