Taking home TXF’s Best Americas ECA deal of the year, PetroPeru's $1.3 billion CESCE-backed facility had to navigate four changes of government in two countries to finally reach financial close in 2018. But the deal still broke all records for ECA project financing into the country.
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TXF speaks to Massimo Falcioni, former CEO of the UAE Federal Company Etihad Credit Insurance (ECI) about his journey with the export credit agency, the challenges of diversifying towards non-oil energy in the region and his plans for the future.
TXF's industry leading Global Export Finance Survey provides the benchmark for sentiment in the industry in 2023. It's already showing some interesting early trends. There is still time for you to make your thoughts heard.
Recent copper and cobalt mine development financings in the DRC by EKN and SEK from Sweden and African development bank TDB are likely to act as encouragement to other financial institutions looking to become more active in the country.