Country information updated 2 Nov 2015
Page updated 2 Nov 2015
The following list countries and territories in Africa shows their country risk classification and the New Zealand Export Credit Office (NZECO)’s indicative level of cover. The country policy applies primarily to NZECO’s short-term trade credit insurance and export credit guarantees.
- Risk Rating
- Each country is rated by the OECD on a scale from 0 to 7; with 0 for low financial risk and 7 for high financial risk. Ratings may change.
- Cover Ratings
- On Cover
NZECO is open for cover across the range of private and public buyers, subject to NZECO’s standard underwriting criteria for each transaction.
- Limited Cover
NZECO is open for cover although this may be for a limited profile of buyers and/or only for transactions with shorter credit terms. NZECO may apply more stringent underwriting criteria and conditions of support. For example, any NZECO approval may require a higher level of risk sharing from the Insured and/or an extended claims waiting period.
- Normally Off Cover
NZECO is normally off cover for all transactions.
This Country Cover information describes NZECO's guiding cover-policy at the time of issue. The information does not necessarily reflect the present possibilities for cover. Before acting on the background of this material, the company/bank is requested to obtain further information from NZECO.
If the country you are looking for is not on the list, contact the NZECO office.