British exports have received a significant boost with a £12.5 million (approximately $15.4 million) contract secured by London-based project integrator, Dints International, to supply infrastructure and renewable energy operations in Angola. This deal, facilitated by a loan guarantee from UK Export Finance (UKEF), marks a pivotal moment for British manufacturing and its expanding footprint in African markets.

The partnership, which sees Dints providing essential vehicles, plant, and machinery to MCA, a Portuguese contractor operating in Angola, underscores the UK government’s “Plan for Change” aimed at driving economic growth through increased exports. The UKEF guarantee to Apple Bank enabled MCA to access the necessary financing, thereby unlocking opportunities for numerous UK manufacturers to contribute to Angola’s burgeoning infrastructure and renewable energy sector.

Dints International, with 18 years of experience in connecting buyers, suppliers, logistics providers, and funding partners, has a proven track record of facilitating international trade. Their recent collaborations have already generated over £21 million in UK exports to diverse markets including Peru, Guinea, Côte d’Ivoire, and Botswana, showcasing their ability to navigate complex international transactions.

Gareth Thomas, Minister for Exports, highlighted the significance of the deal, stating, “This deal opens a wealth of opportunities for UK businesses, helping to increase exports, boost jobs and grow the economy. As part of our Plan for Change, we are firmly backing businesses to export around the world and reach new markets, and this deal is a shining example of just that.”

UKEF’s role in this deal is pivotal. By issuing a Standard Buyer Loan Guarantee, they are not only securing export opportunities for British suppliers but also contributing to the sustainable development of Angola. Tim Reid, CEO of UK Export Finance, noted, “By providing a loan guarantee to Dints’ overseas client, we’re not only securing a substantial export opportunity for British suppliers but also helping to transform lives in Angola through improved access to critical infrastructure and renewable electricity.”

Manuel Couto Alves, Founder & Chairman of MCA, acknowledged the importance of strategic partnerships, stating, “At MCA, we recognise the critical role that strategic partnerships play in driving meaningful and sustainable change. It is clear that collaboration with financial institutions such as UK Export Finance and trusted suppliers like Dints is essential in achieving the ambitious goals of sustainable development.”

The impact of this contract extends beyond Dints, benefiting numerous UK suppliers across regions like Leicestershire, Yorkshire and Humber, Staffordshire, County Armagh, Cambridgeshire, and Hertfordshire. Companies like Yorpower and King Trailers are playing crucial roles in this initiative.