ECIC AR 2024 9TH

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Integrated Report 2024

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ECONOMIC IMPACT ASSESSMENT 2014/15 – 2023/24 Value of ECIC supported projects

• Over the last 10 financial years, ECIC has grown considerably supporting 46 export-led, investment and short-term trade-related transactions across the African continent and other emerging economies. This accumulated to approximately US$2.5 billion (R32.8 billion) worth of loans supported by ECIC in various sectors among them power, mining, rail, construction, manufacturing and telecommunications.

35 Nominal value of loan and investment amounts supported by ECIC (2014-2024)

3,0

R32,78

R32,67

R31,46

R28,06

30

2,5

R24,05

25

R22,85

R22,28

2,0

20

1,5

15

Billions

Billions

1,0

R9,25 R8,98

10

R6,68

0,5

5

$0,55

$0,70

$0,72

$1,82

$1,86

$1,93

$2,20

$2,44

$2,50

$2,51

0,0

0

2014/15

2015/16

2016/17

2017/18

2018/19

2019/20

2020/21

2021/22

2022/23

2023/24

USD Cumulative ZAR Cumulative, rhs

*The figures on the chart use the USD/ZAR exchange rate as at 31st March of the applicable financial year

Figure 1: Value of ECIC supported projects

Value added to SA economy • R11.72 billion is estimated to have been added to the South African GDP.

Impact of ECIC on GDP (2014 – 2024)

3,5

14

0,15

3,0

12

0,17

11,69

11,72

11,33

10,82

2,5

10

0,15

9,81

9,55

9,27

2,0

8

0,12

1,5

6

4,79

R’bn

R’bn

6,35

0,23

1,0

4

2,21

0,24

0,14 0,23

0,5

2

0,029 0,03

0,01 0,28

0,02 0,23

2,06

2,41

1,44

2,77

0,79

0,27

0,0

0

2014/15

2015/16

2016/17

2017/18

2018/19

2019/20

2020/21

2021/22

2022/23

2023/24

Capital Investment Phase

Operational Phase Cumulative, rhs

Note: Results presented consider the Direct, Indirect and Induced impacts of ECIC’s contribution

Figure 2: Value added to SA Economy

YOUR EXPORT RISK PARTNER

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