Funding for SA firms seeking to increase African trade and investment exposure

Increased trade and interdependence with the rest of Africa are set to bolster the anaemic economy of South Africa through the R13.4-billion Export Credit Insurance Corporation of South Africa (ECIC) and African Export Import Bank (Afreximbank) South African Trade and Investment Promotion Programme (SATIPP) fund. The programme provides resources for South African exporters and South African investors looking for partnerships in other African countries. The fund is available to goods and services exporters operating in South Africa, says DTI Trade and Investment deputy director-general Lerato Mataboge.