British companies are set to win more than £330m of export contracts on nine infrastructure projects in Guinea and Benin, supported by £1.1bn of financing and guarantees from UK Export Finance (UKEF), the government’s export credit agency.
The projects cover schools, clean water, electricity transmission and government buildings. The deals were announced as the fifth UK-West and Central Francophone Africa Trade and Investment Forum (WCAF) opened in Conakry, Guinea, this week.
UKEF is also increasing its exposure capacity across West and Central Africa by £1.7bn to support future projects involving British exporters.
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