Press Releases and News

SACE announces the first-ever Push Strategy operation alongside METL Group and Rabobank, to support Tanzania’s economic growth and create new business opportunities for Italian companies in the country, in strategic sectors such as Agribusiness, Food&Beverage, textile and distributions.

The MoU focuses on providing financing support for cooperation between Italian companies in the private sector and PIF and its portfolio companies It represents a continuation of PIF’s strategy to build and maintain strong relationships with leading international financial institutions and further diversifies its range of financing instruments The MoU will contribute to facilitating Italian companies’ businesses with Saudi Vision 2030 projects

The collaboration aims to sustain, for an amount up to 100 million dollars, the development of initiatives strategically placed to invest in water projects in Africa with additional opportunities for Italian businesses in strategic sectors such as water, wastewater, desalination, waste-to-energy projects.

The collaboration, for an amount up to 250 million dollars, aims to facilitate the exports from Italy and the internationalization of Italian companies and develop projects in Middle East and Africa, focusing on strategic sectors such as renewable energy production, water and desalination, green ammonia and green hydrogen production.

SACE has guaranteed a total loan of 400 million dollars, provided by a pool of international banks coordinated by Citi