Spotlight

Appointment of Ayanda Ndlovu as CEO / Country Manager for South Africa

Appointment of Ayanda Ndlovu as CEO / Country Manager for South Africa

09/12/2023

Coface is pleased to announce the appointment of Ayanda Ndlovu as Coface CEO /Country Manager for South Africa

Read more

News

Egypt: no relief for the foreign currency squeeze

11/21/2023

Egyptian importers have encountered growing issues in obtaining foreign currency to settle their foreign suppliers.
Read our news to know more.

Read more

Gulf Cooporation Council: A real winner of the global economic headwinds?

10/27/2023

After a slowdown in 2023 mainly due to lower energy production and prices, 2024 is expected to be a year of higher economic growth for the Gulf Cooperation Council (GCC) countries as, after several months of pessimism about global oil demand, prices have been on the rise since summer. But all countries are not equal…

Read more

Country and Sector Risk Barometer Q3 2023: Macroeconomics put to the test by microeconomic deterioration

10/18/2023

All the leading indicators point to a sharp slowdown in activity in North America and the Eurozone towards the end of the year, and the recovery of the Chinese economy has rapidly collided with structural weaknesses and a lack of confidence among households and businesses. In this context, we have modified 7 country risk assessments (2 upgrades and 5 downgrades) and 33 sector risk assessments (17 upgrades and 16 downgrades).
More in our latest barometer.

Read more

Moody's upgrades Coface's main operating company to A1 IFSR, stable outlook

10/02/2023

The rating agency Moody’s, on 28th September 2023, has upgraded the financial strength rating (Insurance Financial Strength Rating – IFSR) for Coface to A1 from A2. The agency has also changed the outlook for Coface to stable from positive.

Read more

Coface launches API Portal, a new digital platform dedicated to API solutions

10/02/2023

This portal offers Coface’s customers a complete suite of API solutions developed by Coface to enable them to integrate its services, expertise and unique data directly into their business ecosystem.
This initiative illustrates Coface's willingness to provide higher connectivity to its customers via advanced digital solutions designed to optimise credit risk management.

Read more

On the way back to the bad old times in 2023's Germany Payment Survey

09/12/2023

Although payment behaviour remains in a relatively good shape even after this deterioration, companies are very pessimistic about their business outlook.
Learn more in our full publication.

Read more
All the news

Key figures

100 Countries offering our services
 €1,568 Billion in turnover in 2021
 €486 Billion of receivables guaranteed
 €82.9 Million Net Income
 4 538 Employees
 66 Countries of direct presence
 50 000 Companies with at least one active contract, in our various business lines
 Cover For our clients in approximately 200 counties
 205% Solvency Ratio
All the key figures

Partners

  • At Coface South Africa, we value the role of the broker channel in the business community.
     
    Brokers can add value to the relationship they have with their clients, by educating them on credit management issues such as how to avoid the problems of bad debt and late payment, thereby giving clients an opportunity to secure and grow their business.
    We respect this broker-client partnership and believe it is the route through which we can best make companies aware of our services.
     

    watch more

Contact

3021 Winnie Mandela Drive
Bryanston, Johannesburg,
South Africa
T. +27 (11) 244 9444
Contact us