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Country Risk Category

Egypt 
(Compact with Africa Country)

Cover Policy – Export Credit Guarantees

Short-term Business

For transactions with public buyers cover facilities are available on a case-by-case basis

This applies preferably to:

  • transactions which promote the country’s economic development and domestic production (productive projects)
  • transactions which contribute to an improvement of the institutional environment
  • infrastructure and environmental projects
  • transactions generating foreign exchange.

For transactions with private buyers cover facilities are available for transactions with credit periods of up to 360 days if informative information material on the buyer is available which, subject to the application of strict criteria, justifies the granting of cover. Besides, cover is available for affiliated companies or companies belonging to an international group the creditworthiness of which is beyond doubt.

Medium/long-term Business

For transactions with public buyers cover facilities are available on a case-by-case basis

This applies preferably to:

  • transactions which promote the country’s economic development and domestic production (productive projects
  • transactions which contribute to an improvement of the institutional environment
  • infrastructure and environmental projects
  • transactions generating foreign exchange.

There are no formal restrictions on cover for transactions with private buyers.

Collateral

For medium and long-term transactions bank security has to be provided if the buyer’s creditworthiness is inadequate.
 

  • List of banks:
    Accepted as guarantor and/or borrower
    • African Export-Import Bank (Afreximbank)

Further Information

Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai, https://www.gtai.de).

The most important GTAI country information on Africa can be found at a glance on the Africa Business Guide (German version, www.africa-business-guide.de).

You can find more detailed information on the G20 initiative „Compact with Africa“ (www.compactwithafrica.org).

Contact 

Dr. Romeo Grill

Economic Analyses

Karina Lasch

Wholeturnover Cover (Revolving Cover)

Ingo Schwutke

Single Transaction Cover

Cover Policy  UFK-Guarantees

There do not exist any restrictive country cover policy decisions for Untied Loan Guarantees. However, when deciding on cover of raw material projects, the Federal Government always takes the current situation in the host country into account. If you have any queries, please do not hesitate to contact our experts.

Contact 

Hannes Hagel

Untied Loan Guarantees

Julian Greiwe

Untied Loan Guarantees

No responsibility is taken for the correctness of the information provided.

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