Mozambique has recently joined the Aa3-rated Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), bringing the number of member countries to 41.
Dr Abdel Rahman El-Tayeb Taha, CEO of ICIEC, said, “The Republic of Mozambique’s membership opens the door for its private and public sectors to benefit from the risk mitigation services offered by ICIEC to expand their exports worldwide. Similarly, it allows exporters, banks and investors from other member and non-member countries to cover risks related to their operations in Mozambique.”