China Export & Credit Insurance Corporation, also known as Sinosure, has underwritten $46.1bn worth of insured business for Chinese enterprises in Africa in the first five months of his year, reported Xinhua News Agency.
The total included $26.27bn of short-term export credit insurance and $10.11bn of medium-and long-term export credit insurance for exporters.
Sinosure provided coverage of $9.7bn for overseas investments during the five months.
During the period, the insurer paid compensation totalling $260m to Chinese companies in multiple sectors, including railways, roads, power, medicare and education.