A BRIEFING ON EX-IM BANK’S AFRICA OUTLOOK FOR 2012

 On March 6, 2012, a delegation from Ex-Im Bank led by Wanda Felton, First Vice President & Vice Chair, visited the Corporate Council on Africa to make a presentation on Ex-Im Bank’s activities in sub-Saharan Africa.  In addition to Vice Chair Felton, the Bank was represented by Ken Tinsley, Jeff Abramson, Rick Angiuoni, Jean Fitzgibbon, Ben Todd, Saliha Loucif and Kyle Jackson. The topics discussed included:

• Overview of 2011 activities and outlook on 2012 in key markets such as South Africa, Nigeria, Angola, Ghana, Kenya, Mozambique,  and Tanzania, and in key sectors as power, transportation, water, mining, oil & gas, and aviation.
• Ex-Im Bank's portfolio of products and composition of authorizations.
• Ex-Im Bank's external and internal constraints.
• Overview of underwriting criteria for short and medium term credits.
• Several success stories of short and medium term transactions.

Earlier, the President of The Corporate Council on Africa, Stephen Hayes welcomed the team and remarked that Ex-Im is a most important and valued partner of CCA in the promotion of Trade and Investment in Africa.  He encouraged Ex-Im to do more for U.S. investors in Africa.  The round-table discussion and Q & A session was moderated by Ambassador Robert Perry, CCA’s Vice President for International Programs.

To view the Ex-Im Bank's Africa Outlook for 2012 report, click here.