Italy’s SACE to provide $350mln to two UAE companies for Africa infrastructure projects

(Zawaya, Dubai, 25 February 2025) Italy’s export credit agency, SACE, has committed $350 million in financial and insurance support to UAE companies AMEA Power and Metito Utilities. The funds will support renewable energy, water infrastructure, and sustainability projects in Africa. This initiative aligns with Italy's Mattei Plan for Africa and aims to boost Italian exports in the region.