Cover Policy – Export Credit Guarantees
No cover facilities available for public buyers. For transactions with private buyers, cover may be granted on a case-by-case basis.
No cover facilities available for public buyers. For transactions with private buyers, cover may be granted on a case-by-case basis. A restrictive approach is adopted to cover of financed local costs and subcontracted foreign supplies.
If the foreign buyer’s creditworthiness is inadequate, bank security is required.
- List of Banks:
Accepted as guarantor or borrower:
- African Export-Import Bank (Afreximbank)
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).
Cover Policy – Untied Loan 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.
No responsibility is taken for the correctness of the information provided.
Securing exports with Hermes Cover: