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26 August 2014

Applying capital market tools for agri-financing

With an immense amount of financing required in African agriculture, bank financing alone – at least in the current climate – is insufficient. The same was true of Brazil...

26 August 2014

Farmers seek better relationships with banks

One of the liveliest debates at the Fin4Ag conference in Nairobi centred on the responsibilities that farmers have in facilitating agrifinance. Although heated criticisms...

26 August 2014

Kenyan coffee farmers look to broader horizons

Kenya’s Kyanzavi Farmers Cooperative is one example of how clubbing together into a single commercial estate can help individual farmers improve their yield, attract...

26 August 2014

Helping apitrade development in Ethiopia

In 2012, ProFound together with the Ethiopian Apiculture Board, SNV Ethiopia and Enclude (formerly Triodos-Facet) initiated the Apiculture Scaling-up Programme ASPIRE.

26 August 2014

Forfaiting association pinpoints trade challenges ahead

The August 2014 issue of the International Trade and Forfaiting Association’s newsletter, issued by the industry body for banks and other institutions specialising in the...

25 August 2014

Law firm Thomas Cooper hires trade specialist Alex Monk

International law firm, Thomas Cooper, has hired Alex Monk to its finance group.

22 August 2014

Rosneft and North Atlantic Drilling sign asset exchange deal

Rosneft, Seadrill and North Atlantic Drilling Limited (NADL) have signed a unique framework agreement that envisages long-term cooperation in the sphere of oilfield...

22 August 2014

Finacity facilitates receivables securitisation for Greek multinational

Finacity Corporation (Finacity) has facilitated the successful closing and funding of a $55 million off-balance sheet trade receivables securitisation programme for a...

21 August 2014

JBIC leads Asian banks in Lao hydropower deal

The Japan Bank for International Cooperation (JBIC) has signed a project finance loan agreement in support of a total $643 million financing for a 290MW hydropower plant...

21 August 2014

Kexim and Dubai wealth fund combine for export opportunities

The sovereign wealth fund of the Emirate of Dubai, Investment Corporation of Dubai (ICD), and the Export-Import Bank of Korea (Kexim) have signed an agreement to form an...

21 August 2014

Rusal fully completes refinancing

Rusal has completed the refinancing of its pre-export finance (PXF) facilities, with the amendment agreement signed 18 August becoming effective on 20 August 2014.

20 August 2014

Star Bulk acquires drybulk vessels in novel deal

Athens-headquartered shipping company Star Bulk Carriers Corporation (Star Bulk) has signed definitive agreements with Excel Maritime Carriers (Excel) to acquire 34...

20 August 2014

IFC launches financing programme for Indian infra-fund

The IFC has launched a $2.5 billion financing programme designed to strengthen India’s capital markets and set up an infrastructure development fund for the country.

20 August 2014

West African agri-sector boost through multi-agency financing

Three development agencies - Proparco, via its Investment and Support fund for Business in Africa (FISEA), CDC, via the DFID Impact Fund, and FMO, via its MASSIF Fund –...

19 August 2014

ING Frankfurt appoints new head of natural resources

ING Commercial Banking in Frankfurt is continuing its expansion with the appointment of Crina Nechifor as head of natural resources and structured metals and energy...

19 August 2014

Double departure from US Ex-Im project division

Beth Touomou, director of project & structured finance, and Jessica Bartos, investment officer at the same division, are both leaving the Export-Import Bank of the United...

19 August 2014

Ashurst hires major restructuring team in Asia

International law firm Ashurst has hired a market-leading team of three partners and a senior consultant that will significantly strengthen the firm’s restructuring and...

19 August 2014

Finnvera reiterates commitment to Russia

The Finnish export credit agency Finnvera has reiterated its support for Finnish exporters to Russia. The statement comes even in the height of the troubled geopolitical...

18 August 2014

Standard Bank pinpoints suspected Chinese fraud in half-year accounts

In announcing its half-year financials, Standard Bank has highlighted a $79 million write-down from its exposure to a suspected metal financing fraud in China.

18 August 2014

Rosneft proposes mega-loan from Russian state

Russian state-owned oil producer Rosneft has asked the Russian government for up to RUB1.5 trillion (approximately $42 billion) to cover some of its immediate and...