In order to support trade with African counterparties in Africa, it is fundamental to be able to quantify risks and manage them properly. African counterparties are a specific type of client who require tailored risk management tools and methodologies.
After years of presence in African markets and cooperation with the main European and African institutions, ETC, in collaboration with Uniafrica (Union for the Development of Italian-African Relations), has launched a new program for Italian-African companies named Italian African Trade. “IATFP” facilitation program, with the aim of supporting trade with Italian/European counterparts and investment projects in Africa.
The mission is to pool skills and knowledge to promote trade finance and internationalization activities to African markets based on a cost-sharing and risk-reduction approach.
The main objective of the IATFP is to manage three main areas:
• Risk management throughout the value chain
• Commercial growth linked to African markets
• Network management, involving actors of different kinds (institutions, banks, advisers and consultants, and companies) to ensure maximum effectiveness and efficiency at each stage of the value chain
ETC’s strategy aims to create a transversal structure capable of bringing value, combining know-how and expertise in the following main areas:
In order to better develop the business of emerging countries in Africa, given their commercial complexity, IATFP aims to expand the panel of participants:
2 Commercial banking in the two Italian-African markets
3 Italian entities
4 Market
5 Facilitators
1 Business Advisory Service:
2 Due Diligence Service: DD process performed by ETC for
3 Corporate Finance Department:
4 Business Intelligence Service: assessment of correspondent banking flows
5 Membership of the banking network (optional):
6 Membership of the banking network (optional):
