OUR STORY
THE ORIGIN | SUBSIDIARIES | FOCUS COUNTRIES
THE ORIGIN
THE ORIGIN
The idea arose in October 2010 with the Steel & Style Africa project, promoted by Confindustria (Italian Industrialists Association), with the patronage of the Italian Chamber of Commerce.
The idea arose in October 2010 with the Steel & Style Africa project, promoted by Confindustria (Italian Industrialists Association), with the patronage of the Italian Chamber of Commerce.
The lack of knowledge of the African continent by Italian companies and financial institutions has led to the creation of ETC "Export Trading Cooperation", a company specialized in Export and Investment projects in Africa, born from the vision of the founder members who considered the Confirming House business model an ideal vehicle for approaching emerging markets, especially African markets which conceal great potential for development.
The lack of knowledge of the African continent by Italian companies and financial institutions has led to the creation of ETC "Export Trading Cooperation", a company specialized in Export and Investment projects in Africa, born from the vision of the founder members who considered the Confirming House business model an ideal vehicle for approaching emerging markets, especially African markets which conceal great potential for development.
The aim of ETC is to support African SMEs that want to develop or expand their industrial projects in Africa with European supplies, technologies and know-how or they want boost Trade activities between Africa and Europe
The aim of ETC is to support African SMEs that want to develop or expand their industrial projects in Africa with European supplies, technologies and know-how or they want boost Trade activities between Africa and Europe
Following positive feedback on our value proposition and innovative business model, we began to further interact with major industrial groups, both banks and financial institutions. As the standard of stakeholders got increasingly higher, it was hence necessary to strengthen the organisational structure.
Following positive feedback on our value proposition and innovative business model, we began to further interact with major industrial groups, both banks and financial institutions. As the standard of stakeholders got increasingly higher, it was hence necessary to strengthen the organisational structure.
The ETC Group now acts as a partner of European and African investors and banks for providing Project & Trade Finance tools to support International trade and Investments projects.
The ETC Group now acts as a partner of European and African investors and banks for providing Project & Trade Finance tools to support International trade and Investments projects.
SUBSIDIARIES
SUBSIDIARIES
In April 2012 born ETC S.r.l. , the first group legal entity, in Treviso (Italy), in July 2015 born ETC Surety SA (Guarantee Funds), the first subsidiary, in Cotonou (Benin), the group's regional hub for West and Central Africa.
In April 2012 born ETC S.r.l. , the first group legal entity, in Treviso (Italy), in July 2015 born ETC Surety SA (Guarantee Funds), the first subsidiary, in Cotonou (Benin), the group's regional hub for West and Central Africa.
From 2020, ETC Surety SA’s office is registered in Douala (Cameroon). The group has also launched ETC Agency, a new project aimed to strengthen local presence and project assessment to spread ETC Business Model throughout all the Sub Saharan African region.
From 2020, ETC Surety SA’s office is registered in Douala (Cameroon). The group has also launched ETC Agency, a new project aimed to strengthen local presence and project assessment to spread ETC Business Model throughout all the Sub Saharan African region.
In July 2021, Holding company creates its Regional Bureau Africa (RBA) in Cotonou (Benin) set up to coordinate and manage institutional relations with local pan-African entities in order to consolidate the Group's policies as reliable financial support and ideal for African markets.
In July 2021, Holding company creates its Regional Bureau Africa (RBA) in Cotonou (Benin) set up to coordinate and manage institutional relations with local pan-African entities in order to consolidate the Group's policies as reliable financial support and ideal for African markets.
In November 2021, it will increase his public Credit Rating (CR) at the European Securities and Markets Authority (ESMA), from “BBB+” to “A3-”, by Modefinance, a European registered Credit Rating Agency (CRA) in accordance with Regulation (EC) No 1060/2009. This CR confirms the good capability of repaying financial obligations and the low dependence on possible adverse macroeconomics conditions.
In November 2021, it will increase his public Credit Rating (CR) at the European Securities and Markets Authority (ESMA), from “BBB+” to “A3-”, by Modefinance, a European registered Credit Rating Agency (CRA) in accordance with Regulation (EC) No 1060/2009. This CR confirms the good capability of repaying financial obligations and the low dependence on possible adverse macroeconomics conditions.
FOCUS COUNTRIES
FOCUS COUNTRIES
The group ETC operates in several macro-regions in sub-Saharan Africa, with a focus on West and Central Africa, in the 17 countries that have adopted OHADA harmonized law (Benin, Burkina Faso, Central African Republic, Ivory Coast, Republic of the Congo, Comoros, Gabon, Guinea, Guinea Bissau, Equatorial Guinea, Mali, Niger, Democratic Republic of the Congo, Senegal, Chad e Togo)
The group ETC operates in several macro-regions in sub-Saharan Africa, with a focus on West and Central Africa, in the 17 countries that have adopted OHADA harmonized law (Benin, Burkina Faso, Central African Republic, Ivory Coast, Republic of the Congo, Comoros, Gabon, Guinea, Guinea Bissau, Equatorial Guinea, Mali, Niger, Democratic Republic of the Congo, Senegal, Chad e Togo)
ETC is also present in other countries on the continent, extending to East Africa through its network of correspondent.
ETC is also present in other countries on the continent, extending to East Africa through its network of correspondent.
Benin
Burkina Faso
Cameroon
Central African Republic
Ivory Coast
Democratic Republic of the Congo
Republic of the Congo
Comoros
Gabon
Equatorial Guinea
Guinea Bissau
Guinea
Mali
Niger
Senegal
Chad
Ghana
Kenya
Madagascar
Malawi
Morocco
Mozambique
Nigeria
Rwanda
Cape Verde
Mauritius
Seychelles
Togo