Networking and Growth Session
MEMSA hosted a Networking and Growth Session at the Mandela Mining Precinct on the 1st August 2018 .The session was on finance offeres offered by financial institutions including Industrial Development Corporation (IDC) and Export Credit Insurance Corporation for local manufacturers growth. The objective was not only to understand what the IDC and ECIC (Credit Insurance, as well as an R1 billion export finance programme with Afrexim Bank) offer, but also to get to know key managers at the financial institutions, and to give feedback on the needs of industry. The speakers included Ganief Bardien, Senior Manager for Machinery and Equipment, IDC Zuko Mdandalaza and Mbiya Baudouin, Deal originators (African regions), at ECIC.
Presentations on Industrial Development Corporation and Export Credit Insurance Corporation financial offers can be found below including the contact details of the representatives:
IDC presenter and contact:
Ganief Bardien
Senior Industry Development Manager
Machinery & Equipment SBU
Industrial Development Corporation
011 269 3164
082 473 8817
ECIC deal originators details and their respective area of coverage:
SADC
Tommy Motau
012 471 3899
072 641 0722
East Africa
Paul Mojalefa
012 471 2885
072 640 3865
West Africa (francophone)
Mbiya Baudouin
012 471 3875
072 640 6271
West Africa (anglophone) and MENA (Middle East & North Africa)
Zuko Mdandalaza
012 471 3862
072 729 7437
South Africa – Africa Trade and Investment Promotion Programme (SATIPP)
The South Africa – Africa Trade and Investment Promotion Programme (“SATIPP”) is a joint programme launched by the African Export-Import Bank (“Afreximbank”) and the Export Credit Insurance Corporation of South Africa SOC Limited (“ECIC”), with the aim of promoting and expanding trade and investment between South Africa and other African countries.The Programme is in an amount of US$1 billion.
The aim of SATIPP is to facilitate the expansion of South Africa’s trade and investment with the rest of Africa to promote regional economic integration.Specifically, SATIPP will provide:
- Finance and/or payment assurances / guarantees in support of South Africa’s trade and investments with other African countries;
- Finance for projects being promoted by South African businesses in other African countries;
- Support towards export of capital goods and services from South Africa to other African countries;
- Support towards importation of equipment required for improving the export competitiveness of South African exports;
- Support to South African companies bidding for large contracts in other African countries;
- Support towards the activities of South African small and medium enterprises (SMEs) in regional supply chains;
- Support to South African exporters through capacity building, enhancement of export marketing skills as well as trade and market information initiatives;
- Advisory services to South African investors to facilitate a higher volume of trade and investment between South Africa and other African countries.
All enquiries regarding this programme should be addressed to:
Afreximbank:
SATIPP Working Group: satipp@afreximbank.com
ECIC:
Portia Gumbo-Dube
Head:Business Development
Tel: +27 (0) 12 471 3800/77 –
Email: info@ecic.co.za
Address: Block C7 & C8, Eco Origins Office Park, 349
Witch Hazel Avenue, Highveld Ext 79, Centurion,
South Africa
Website: www.ecic.co.za
More on the benifits of the SATTIP Programme and how to apply can be found below: