In depth
20 May 2024

Keynote: UKEF’s CEO Reid looks through new lenses for exporters

In advance of his appearance at TXF Global in Athens, Tim Reid, CEO of UK Export Finance, discusses the lenses through which the ECA will define the success of its new business plan, which builds on its record as the fourth most active ECA in 2023 according to TXF Intelligence. More

News
20 May 2024

ADNOC buys stake in NextDecade's Rio Grande LNG

ADNOC has acquired an 11.7% stake in phase 1 of NextDecade's Rio Grande LNG export facility, in Texas, and entered into an LNG supply agreement.Saudi Aramco and ADNOC are trying to exploit their fossil fuel resources while they can, and with demand for the chilled fuel expected to grow by 50% by... More

News
20 May 2024

SME trade finance group Tulyp raises €1.5m

France-based trade finance platform Tulyp has closed a €1.5 million Seed round led by Speedinvest alongside other investors including Kima Ventures, Purple Ventures and business angels.The new capital will be used to accelerate growth and enhance Tulyp’s service capabilities in key... More

In depth
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 towards protectionism using public money is not risk free, he warns. More

News
20 May 2024

EIFO invests in Orbex to propel rocket tech

Space company Orbex has secured an investment of DKK145 million ($21.1 million) to propel the development of its rocket technology. The series C expansion round includes investments from EIFO, in conjunction with Octopus Ventures, BGF, and the Scottish National Investment Bank.The funding will be... More

News
20 May 2024

Kexim funds road improvement project in Cambodia

Kexim is providing $120 million for a road improvement project in Cambodia. The Korean ECA will issue a foreign economic cooperation fund credit to renovate 37 routes, covering 391km of roads in six southern provinces of Cambodia. More

News
20 May 2024

Japan passes hydrogen subsidy law

The Japanese parliament has passed the Hydrogen Society Promotion Act, paving the way for the country to provide 15-year subsidies for locally produced and imported low-carbon H2.The new law actually provides no details about the forthcoming support, merely stating that the Ministry of Economy,... More

Data and research

Deals in consideration by ECAs

ECA Date Country Company
Atlantic Cocoa Corporation, Côte d’Ivoire 04/08/2024 Cote D'Ivoire (Ivory Coast) SERV - Swiss Export Risk Insurance
QGMI, Luau Cazombo-Lumbala Road Project, Angola 02/08/2024 Angola SERV - Swiss Export Risk Insurance
Manufacturing of plastic products, Guangdong, China 23/04/2024 China NEXI - Nippon Export Investment Insurance
Sales of carbon products, Shandong, China 23/04/2024 China NEXI - Nippon Export Investment Insurance
Manufacturing & sales of cigarettes, Taiwan 16/04/2024 Taiwan NEXI - Nippon Export Investment Insurance
News
20 May 2024

Alpha HPA reaches FID on stage two of HPA First project

Alpha HPA has unveiled plans to build the largest single-site high purity alumina (HPA) products refinery in Gladstone, Queensland. The company has made a FID on stage two of the'HPA First project, following the successful operation of the stage one precursor facility.The facility will utilize... More

Event
May 22 - May 23, 2024

TXF Amsterdam 2024: Global Natural Resources & Commodities Finance

Anantara Grand Hotel Krasnapolsky Amsterdam, Netherlands

Amsterdam, Netherlands

Unveil Amsterdam's allure! Elevate your pipeline with top dealmakers. An Industry Awards dinner adds glamour to this unmissable adventure.

Full details
Event Session
06 March 2024
News
20 May 2024

Bangladesh oilseed crushing plant receives funds

ADB and Rupshi Seed Crushing signed a $10 million loan to construct a greenfield energy-efficient, multi-oilseed crushing plant within the City Economic Zone in the Narayanganj District, Bangladesh. HSBC is also providing an export credit agency-guaranteed parallel loan. The new plant will... More

News
20 May 2024

South32 receives Hermosa project funding

The US Department of Defense has awarded diversified miner South32’s Hermosa project, in Arizona, $20 million to support domestic manganese production.The money will be matched with a $43 million investment by Australia-headquartered South32 to fund activities to support access to the... More

Data and research

Deal maturity report

Deal name Structure Maturity Date Volume in $m
Trident Energy EG Operations Ltd - RBL Reserve-based lending 21/06/2024 180
Chesapeake Energy Corporation - TL Term Loan 23/06/2024 1,500
Odfjell Invest - Refinancing Term Loan 26/06/2024 425
Trafigura - Galena Asset Management - Pre-Payment Pre-Payment 30/06/2024 155
Lotos Asfalt - TL/RCF Term Loan 02/07/2024 400
News
20 May 2024

World Bank funds Pernambuco water supply, sanitation project

The World Bank approved a new investment to increase access to water and sanitation for about one million people in rural Pernambuco, in the northeast of Brazil. This investment includes a $90 million loan from the World Bank and an additional $23 million from the State Government of... More

News
20 May 2024

Cosmos to acquire 80% stake in Canadian uranium project

Cosmos Exploration has announced a conditional agreement to acquire an 80% interest in the Fenix Uranium Project in Canada’s Thelon Basin from Northex Capital Partners.As part of the agreement, Cosmos will have to make an upfront payment of C$50,000 ($36,718) and issue more than two million... More