Emilia Von Mettenheim
Head of the Export Credit Guarantees Competence Centre (Côte d’Ivoire)
+ 225 07 15 72 23 36 e.vonmettenheim@abidjan.ahk.de
Supported by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and based in Côte d'Ivoire since October 2023 by the Delegation of German Business, the Competence Centre works side by side with the Federal Government Representative and the Export Credit Agency (ECA), Euler Hermes Aktiengesellschaft, to provide advisory services. Further centres were set up in Dubai and Singapore from 2019.
The close coordination of the support of the competence centres with the established consulting services of Euler Hermes AG in Germany is intended to ensure an integrated and seamless facilitation of export activities from Germany as well as in the importing country.
Our center in Abidjan has a regional mandate and serves the countries of the Sub-Saharan Africa region.
Services Offered
- Consulting services for the instruments of Euler Hermes ECA
- Advice on the financing systems covered by Euler Hermes ECA (supplier credit covers, buyer credit covers, etc.).
- Transaction support during the acquisition and structuring phase.
- Step-by-step support during the application process.
- Advice on the insurance guidelines
- Calculation of the Euler Hermes premium
- Transaction support
- Other services on request
Export Credit from German government
The German government's export credit guarantees protect exporters and banks from the risk of non-payment for economic or political reasons when doing business abroad. By providing export credit guarantees, which are available in a variety of product variants, the federal government assumes a large part of the risk of defaults. These loan guarantees allow companies to make and finance exports. Companies that benefit from credit guarantee cover pay a risk-commensurate premium.
Investment Guarantees of the German Federal Government
Safeguards and guarantees create confidence for German investments in Nigeria and promote secure, sustainable business development. With our many years of experience, we support German companies in making their investments in Nigeria secure. We provide information on mechanisms and guarantees that help reduce political risks. In addition to practical support in international business, we provide guidance that promotes secure and successful investments in Nigeria.
Investment Guarantees of the German Federal Government
The German Federal Government supports German companies in foreign direct investments through state investment guarantees to protect against political risks. PricewaterhouseCoopers GmbH (PwC) manages the program and reviews applications. Risks covered include expropriation, war, civil unrest, breach of contract, payment embargoes, moratoria, and currency and transfer risks.
The program covers equity investments, share capital of foreign subsidiaries of German companies, investment loans, and other assets recognized as investments. The prerequisite is that the funds are invested in clearly defined projects and directly from Germany, without the involvement of companies or subsidiaries in third countries.
The guarantees are available for investments of all sizes, from small to large-scale projects, and can be combined with other government funding instruments, including KfW DEG's ImpactConnect program.
For questions regarding the investment guarantees, please contact:
- Herwig Maaßen: (+49 (0)40 6378 2066) herwig.maassen@pwc.com
- Ilma Johncock: (+49 (0)40 6378 1890) ilma.johncock@pwc.com
To listen to the Export Echo podcast on business opportunities in Africa: "From insider tip to good relationships to business", please click HERE.