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Home Sito interno Archivio BigItaly focus - Inglese

New frontiers for Italian businesses in sub-Saharan Africa

it@withub.it by it@withub.it
25 Agosto 2014
in Archivio BigItaly focus - Inglese
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Aug. 25 – Sace, a company specialized in credit to support Italian business abroad, is taking part in the Ministry of Economic Development mission in Sub-Saharan Africa, to Mozambique and Ethiopia. The government mission is the second to the region this month, thus confirming the potential for Italian companies, particularly in the agriculture, infrastructure and energy sectors. “The operations portfolio for Italian exports and investments insured by SACE in sub-Saharan Africa – reads a statement – amounts to more than €600 million, registering a 77% increase compared to 2013. Among the initiatives in these two countries, Sace supports Tuxor in its supplies for the construction of the Awash-Weldia railway line, one of the major infrastructure projects in Ethiopia. Sace also assists Coeclerici in the sale of two vessels for the transport of coal from the port of Beira in Mozambique.” Sace seeks to help Italian companies, especially SMEs, increase their market presence by helping them intercept the new routes for growth.

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