Sace Mobilizes Billions for Mattei Plan Trade
The Italian agency has directed capital to boost African economic partnerships and export growth during 2026.
Updated on Oct. 29, 2026 in Economic Indicators
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During the first half of 2026, Italian agency Sace mobilized €4.9 billion in Mattei Plan target nations and €6.7 billion across Africa. These operations supported over 1,000 export contracts to strengthen economic ties between Italy and the continent.
Why it matters
The Mattei Plan aims to transform political cooperation into concrete economic infrastructure. By providing guarantees and insurance, Sace bridges financial gaps to facilitate trade and industrial growth.
Italian exports to Africa rose 17.2% year-on-year in the first half of 2026. This activity included €3 billion in operations across Egypt, Algeria, Morocco, and Tunisia.
The players
Sace
This is an Italian export credit agency that provides financial instruments like insurance and guarantees to support international trade.
The details
Sace utilizes a Push Strategy, which links financing for foreign counterparts to procurement commitments from Italian companies. The agency has facilitated 14 business-matching events and trained 500 firms through its Africa Champion program.
Timeline
Italian exports to Africa rose 17.2% during the first half of 2026.
Sace became the leading global Export Credit Agency in early 2026.
Macro View
These initiatives follow the strategic framework established by the Mattei Plan to build long-term economic infrastructure. This approach contrasts with traditional short-term trade aid by embedding Italian firms into the host nations' supply chains.
Businesses involved in international trade may see increased opportunities to participate in procurement agreements backed by Sace's financial guarantees. This shift potentially lowers the risk for firms looking to expand operations into high-growth African markets.
The takeaway
The successful mobilization of capital indicates a robust trend toward integrating European financial support with African industrial development. Investors and firms should monitor how these large-scale guarantees affect long-term procurement stability and regional market access.
Further reading
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Source note: This article includes information reported by Decode39.
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