TXF spoke with Dr. Rebecca Harding, an independent trade economist and founder of strategic advisory business, Rebeccanomics to discuss how Trump’s renewed trade wars, from his tariffs to the reimposition of sanctions, will impact trade flows and the global economy. More
What excites Matheus Piorino, head of customer finance North America, director, at Embraer in 2025? Expanding the footprint of agencies the Brazil-domiciled company is partnering with, sustainability initiatives, developments in pre-delivery payments financing, and the opportunities in the defence... More
Advanced nuclear reactor and fuel technology firm X-Energy Reactor Company has closed an upsized Series C-1 financing round of $700 million. Segra Capital Management, Jane Street, Ares Management funds, Emerson Collective, and others join the previously announced round anchored by... More
Orsted has decided to cut its 2030 investment programme by a quarter in light of the rising costs and supply chain issues faced by the offshore wind industry.It will now invest in the range of DKK210-230 billion ($29.25 - 32 billion) for the period of 2024 to 2030, down from its previous target of... More
The Philippines is set to approve a ban on the export of raw minerals. President Escudero hopes to ratify the proposed legislation when Congress resumes its sessions in June. The bill would ban exports of raw ore in a bid to attract investment into the country's downstream mining industry,... More
Euler Hermes has closed its first ever Islamic facility in Bangladesh. Standard Chartered acted as investment agent, mandated lead arranger and security agent for the deal, which will support Akij Food and Beverage to expand its carbonated soft drinks line. Norton Rose Fulbright acted as an advisor... More
Hapag-Lloyd has secured $4 billion in financing for 24 LNG dual-fuel boxships ordered from Chinese shipyards in October 2024. The shipping company is putting up $900 million of its own funds for the purchase, while $500 million will come from two banks via bilateral mortgage loans. $1.8 billion... More
Inca Minerals is set to acquire Australian exploration company Stunalara Metals. Stunalara shareholders will receive approximately 300 million fully paid Inca shares priced at $0.006, equating to roughly 22.6% of Inca post-bid. This would value Stunalara at A$1.8m ($1.13m). Stunalara owns assets... More
Cargill has acquired full control of the Brazilian sugar and renewable energy firm SJC Bioenergia. The two companies have maintained a business relationship since 2011, and the latest sale and purchase agreement now confirms that Cargill has purchased an additional 50% stake in the company for an... More
The AfDB has committed $2.5 billion to the development of priority infrastructure projects in the United Republic of Tanzania. The funding is for priority infrastructure projects, with more than 70% of the funds being allocated to transport infrastructure including roads, railways and airports.One... More
Saudi Arabia's sovereign wealth fund, Public Investment Fund (PIF), is reportedly in discussions SACE for loan guarantees worth $3.1 billion.SACE will provide guarantees to a consortium of international banks under the deal, according to Bloomberg via sources familiar with the matter. The banks... More
The Swedish Export Credit Corporation (SEK) has updated its Sustainability Bond Framework based on the latest principles administered by the International Capital Markets Association (ICMA) and the developments of the EU Taxonomy. The updated framework includes nine green and five social project... More
Singapore-based technology company Linklogis International which offers export financing solution globally announced today the key leadership appointments on strategic roles to enhance its capabilities to better serve the trade corridors among India, USA and UK. Priyesh Ranjan who has vast... More
Castlerock Biofuels subsidiary EME Biofuels has selected Millinocket in Maine as the site for its new sustainable biocrude production facility.The plant, to be built on a greenfield site within One North, will utilise renewable logging residue from local forestry operations to produce up to 20... More
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Full detailsNatixis Corporate & Investment Banking (Natixis CIB) has closed a $375 million senior-secured project financing for construction of the El Espino copper-gold mine.El Espino is owned by a joint venture between Sociedad Punta del Cobre (Pucobre) and Resource Capital Funds (RCF). The project... More
ArcelorMittal has called on the European Union to tighten trade protections and increase support for green investments, as high costs and cheap Chinese imports threaten the bloc's steel industry.Europe's main steel industry group Eurofer has asked for a 50% cut in steel import quotas under... More
Vedanta Resources is trying to raise around $1 billion in debt to fund development of its Konkola Copper Mines (KCM) in Zambia, according to Chris Griffith, head of the company's base metals unit. The Indian company, which owns 80% of KCM, said last year it planned to sell at least 30% of... More
The UK and Kyrgyzstan are in talks over the implementation of agreements and initiatives related to the UK government’s credit line for investment projects in Kyrgyzstan.In a meeting between Meder Abakirov, Deputy Minister of Foreign Affairs of Kyrgyzstan, and Nicholas Bower, the UK Ambassador... More
Germany’s Federal Network Agency (BNetzA) has launched a tender for the N-9.4 offshore wind site in the North Sea which can accommodate 1GW of installed capacity.The tender is open for bids until June 1 with the maximum bidding value set at €0.062 ($0.064) per kWh. The project will... More
NEXI will make changes to the Country/Region Category for the following countries, based on the result of the OECD CRE meeting. These changes are effective from 10 February. Albania will be condensed between Category F and E while Bulgaria between D and C. More