ECI, ADEX partner to drive technological advancements in Angola through strategic support for UAE companies

Etihad Credit Insurance (ECI), the federal export credit agency of the UAE, has joined forces with the Abu Dhabi Export Office (ADEX), in a move to strengthen the UAE's position in international trade and innovation.

This partnership is marked by the signing of an insurance policy, which aims to support an initiative to implement a digital transformation project in Angola, thus reinforcing the UAE's commitment to supporting the country's technological advancement while fostering global business growth.

The collaboration, which is in line with the shared objectives of both parties, aims to secure funding projects awarded to UAE-based companies.  One such example is Presight, which successfully secured crucial funding from ADEX backed by ECI Insurance for the implementation of a project, which promises to boost the technology sector in Angola.

Additionally, this strategic initiative, which holds the potential for substantial returns, amplifies the UAE's in-country value.

The policy was formally signed by Raja Al Mazrouei, CEO of ECI and Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and Chairman of the Exports Executive Committee of ADEX. This policy is set to provide substantial support for the platform's implementation and its associated infrastructure. It also reaffirms ECI's commitment to enhancing the UAE's GDP through the export of specialised services, thus contributing significantly to the domestic economy.