First half-year results: net income € 149.3 million

SACE announces the first-ever Push Strategy operation alongside METL Group and Rabobank, to support Tanzania’s economic growth and create new business opportunities for Italian companies in the country, in strategic sectors such as Agribusiness, Food&Beverage, textile and distributions.

Backed by SACE and provided by Sumitomo Mitsui Banking Corporation, this is the first SACE “Push” Deal in the Philippines

The MoU focuses on providing financing support for cooperation between Italian companies in the private sector and PIF and its portfolio companies It represents a continuation of PIF’s strategy to build and maintain strong relationships with leading international financial institutions and further diversifies its range of financing instruments The MoU will contribute to facilitating Italian companies’ businesses with Saudi Vision 2030 projects