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Centre of Excellence for the Financing of German Exports

Whether you are an importer or exporter of German goods and services or a financing bank, the Competence Center for German Export Finance will be happy to advise you on the Export Credit Guarantee Program of the German Federal Government.

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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.

To listen to the Export Echo podcast on business opportunities in Africa: "From insider tip to good relationships to business", please click HERE.

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