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13 May 2024
in
Other

IFC supports MSMEs and trade in Egypt

Banque du Caire and IFC have joined forces to sign a financing agreement worth $100 million. This agreement is aimed at supporting the development of MSMEs in Egypt, with...

13 May 2024
in
Oil & gas

Chinese companies win licensing bids to explore Iraq oil and gas fields

Chinese companies won bids to explore five Iraqi oil and gas fields in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production...

13 May 2024
in
Other

NIB renews Municipal Guarantee Board’s revolving credit agreement

NIB and the Municipal Guarantee Board have agreed to extend their €200 million ($215 million) revolving credit agreement for five years. The credit strengthens the...

10 May 2024

Turk Eximbank signs €115m ING deal

Turk Eximbank has signed a five-year funding agreement of €115 million ($124 million) with ING. The deal was inked under the insurance of ICIEC.

10 May 2024
in
Renewables

Phelan to invest $2.5bn in Peru's first green hydrogen project

Phelan Green Energy will invest $2.5 billion to construct Peru's first green hydrogen plant.The planned facility, on a 4,000-hectare site, will cater to both domestic...

10 May 2024

SACE opens Singapore office

SACE has opened a Singapore office in a move to help Italian companies capture growing trade and investment opportunities across South-east Asia.The ECA's new office...

10 May 2024
in
Transport

MUFG invests in Hitachi ZeroCarbon’s Next Gen project

MUFG is investing in Hitachi ZeroCarbon’s global Battery as a Service business after the two groups sealed a Business Co-Creation Agreement.The Japanese lender will...

10 May 2024
in
Renewables

Scottish hydrogen hub gets green light

GreenPower has gained planning approval for a green hydrogen production and distribution centre on the west coast of Scotland. The project will be located at the...

10 May 2024

US Ex-Im launches online loan application form to expedite process

US Ex-Im has added to its electronic application platform, the EXIM Loan Management System (ELMS). This new application will be utilized for the agency's Credit...

10 May 2024
in
Metals and Mining

Outback to acquire S2 Resources’ Finnish gold projects

Outback Goldfields, a Vancouver-based mining company, has signed a definitive share purchase deal with S2 Resources to acquire its Finnish subsidiary, Sakumpu...

10 May 2024

Keynote: Finnvera’s CEO warns on pendulum swings for export finance

Pauli Heikkilä, CEO of Finnvera, reflects on the swinging pendulum for export financing he’s seen in two decades heading Finland’s ECA. Global swings from market forces...

10 May 2024
in
Infrastructure

AFC, CDP form partnership to boost Italian-African infrastructure

AFC and CDP have signed an MoU that sets out to enhance Italian-African business collaboration.The strategic alliance endeavours to bolster African infrastructure,...

10 May 2024
in
Oil & gas

GeoPark to access $500m from Vitol in return for oil deliveries

GeoPark has struck a deal to sell a minimum of 20,000 barrels of oil per day to Dutch commodities trading firm Vitol, receiving access to up to $500 million in funding in...

10 May 2024
in
Metals and Mining

Montage receives environmental permit for Kone project

Montage Gold has received a signed Ministerial Order from the Cote d’Ivoire granting the environmental approvals necessary for the development of its Kone project....

10 May 2024
in
Renewables

Sudene deliberating solar project financing request

Brazilian government agency Sudene has received a request for BRL400 million ($77.7 million) of funding from Rio Alto Energias Renovaveis Group to finance four solar PV...

10 May 2024
in
Power, Renewables

Donsin solar Chexim loan endorsed

Burkina Faso’s government has endorsed a XOF30 billion ($49 million) loan from Export-Import Bank of China (Chexim) to finance development of the Donsin solar...

10 May 2024
in
Metals and Mining

Queensland invests A$20m into Mt Carbine Tungsten Mine

Australia’s EQ Resources has secured a financial boost from government owned-Queensland Investment Corporation, which provided a three-year funding facility of up...

10 May 2024
in
Metals and Mining

Australia invests A$566m to map mineral deposits, energy sources

The Australian government has committed A$566.1 million ($365.8 million) to identify new mineral deposits and energy sources, a move aimed at bolstering the...

10 May 2024
in
Metals and Mining

Manuka to raise A$8m for Mt Boppy

Manuka Resources is to raise A$8 million ($5.3 million) from institutional and other exempt investors to bring the Mt Boppy Gold Mine into production within 2024.The...

09 May 2024
in
Power

UK awards funding to uranium enrichment project

The UK Government has announced £196 million ($245 million) of funding to support construction of Urenco’s advanced fuels facility at its Capenhurst...