Welcome to EKN Magazine. We provide inspiration and offer tips for companies and banks that work with exports or have just begun that journey out in the world.
The clean energy shift needs more mining, often seen as unsustainable. Automation helps, but investor support remains key, experts say.
Green transition requires increased mining
Lena Bertilsson on export finance and Swedish exporters enabling the energy transition. “Funding on a scale not seen in a long time”.
Empowering export finance for the energy transition
EKN was awarded “ECA Of The Year” and the deal behind the massive 5G rollout in India was recognized as one of the ten “Best Deals of 2024”.
EKN scores a double at GTR Awards
To deliver more sustainable global trade, eight leading ECAs unveiled a new net-zero alliance in Dubai. “Public finance has been the missing piece in the net-zero financial landscape,” commented a UN source.
Trade takes centre stage at COP28
The OECD Country Risk Assessment Methodology ultimately determines the minimum premium rate that state-backed export credit insurers can charge. Now, it has been revised to reflect a stronger focus on governance and institutional factors, and the consequences of climate change.
OECD updates country risk assessment model
Carl Mellander, CFO at the world’s biggest 5G technology provider Ericsson says export financing is a crucial counter-cyclical tool.
The secrets behind 5G leadership
In the largest private deal ever supported by EKN, Ericsson delivers equipment worth over USD 2 billion for the rollout of 5G technology across India.
Record deal behind record-time 5G rollout in India
Hailed as a “complete game changer for the export finance sector”, the OECD reform of the Arrangement on officially supported export credits improves flexibility, particularly in the financing of climate-related projects.
OECD launches “landmark modernisation” of export credits
The battle against climate change is won or lost in Asia and the Pacific. New and innovative blended financing schemes involving multiple institutions and greentech from leading suppliers hold the key.
Regional development banks crucial in funding climate action
Despite its sites being attacked by Russian forces, truck maker Scania decided to remain present in Ukraine. “Logistics is crucial to a country at war,” says Håkan Jyde, Managing Director Scania Ukraine.
Keeping Ukraine on the move
The war in Ukraine has triggered a reassessment of defence spending in financial and political circles. How can export finance contribute?
In defence of defence
Some countries in Sub-Saharan Africa may face debt restructuring as public finances suffer from a stronger dollar and higher import bills. EKN monitors the development closely and foresees a heightened interest in securing risk cover on private risk in an uncertain environment.
All eyes on African debt
Participants from across the world arrived at COP27 in Sharm el-Sheik to agree on measures to halt the escalating climate change. Delegates from EKN worked hard to raise awareness of the role of export financing in funding the transition.
COP27: “Funding and skills gaps need closing”
A new guarantee from EKN secures the supply of strategic raw materials to Swedish importers by covering the risk of new investments for raw material producers and their creditors.
Sweden secures supply of strategic raw materials
The major expansion of an Estonian dairy facility will convert half of all milk produced in the country to a buffet of export success with the help of Tetra Pak and financing from ING Bank and EKN.
New Estonian dairy creates higher value to local farmers