Nippon Export and Investment Insurance: A Comprehensive Guide

Nippon Export and Investment Insurance is a vital tool for Japanese businesses looking to expand globally. It provides insurance coverage for risks associated with international trade and investment.

The insurance is offered by the Nippon Export and Investment Insurance (NEXI) agency, which is a Japanese government-backed organization. NEXI's primary goal is to support Japanese businesses in their export and investment endeavors.

To be eligible for NEXI's insurance, businesses must be Japanese and have a legitimate business purpose. This ensures that the insurance is used for genuine business activities rather than speculative or malicious purposes.

Nippon Export and Investment Insurance has made a significant move in Africa with a capital injection of US$14.8 million into the African Trade Insurance Agency.

This equity investment is a testament to the strong ties between Japan and Africa under the Tokyo International Conference on African Development.

ATI has insured some of Japan's private sector against the risk of non-payment on transactions, with a total value of US$4.9 billion.

The African Trade Insurance Agency has a strong working relationship with NEXI, promoting trade and investment between Japan and Africa.

In 2019, NEXI and ATI further strengthened their relationship by establishing a "Japan desk" in ATI's Nairobi office to support African developmental and commercial projects.

The "Japan desk" aims to provide Japanese companies with easy access to reliable risk mitigation solutions in Africa.