ICIEC played a catalytic role in enabling over USD 2 billion in syndicated trade finance across Egypt and Tunisia, supporting the import of strategic commodities vital to national stability and development. Through its risk mitigation solutions, ICIEC provided over USD 404 million in cumulative insurance coverage across multiple transactions led by ITFC with participation of other finance partners, facilitating the flow of, petroleum products, liquefied natural gas (LNG), fertilizers, and electricity inputs.
In Egypt, ICIEC’s coverage supported the operations of the General Authority for Supply of Commodities (GASC) and the Egyptian General Petroleum Corporation (EGPC), aligning with national energy security programs. In Tunisia, ICIEC enabled imports by the Tunisian Petroleum Refinery (STIR) and the Tunisian Company of Electricity and Gas (STEG), contributing to uninterrupted energy supply.
