IFC signs its first agri-loan in DRC
The IFC has signed a loan of $18 million to Terra and African Milling Company Congo, to help the company expand its maize farm and mill in Katanga, Democratic Republic of...
The IFC has signed a loan of $18 million to Terra and African Milling Company Congo, to help the company expand its maize farm and mill in Katanga, Democratic Republic of...
While some loans to Russian corporates are being hit by the continuing conflict and political trouble in eastern Ukraine, and the now accentuated associated fallout with...
New York and Monaco-headquartered Scorpio Bulkers has received a commitment for a $540 million loan from two leading European financial institutions.
Six more global banks have signed up to jointly develop SWIFT’s Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of...
The best of both worlds or a short-lived trend? Bank Payment Obligations offer a compromise between the sluggishness of letters of credit and the risks of open account...
The National Bank of Abu Dhabi (NBAD) is looking to expand its operations in the energy and resources sector, and has appointed Marc Mollema as the managing director and...
Nordea has gone live in Frankfurt and London with the stand-alone version of allNETT, Surecomp's web-based trade finance front-end solution.
IFC and Banco Latinoamericano de Comercio Exterior (Bladex) have signed a risk-sharing facility of up to $350 million to expand access to trade finance for agribusinesses...
The European Bank for Reconstruction and Development (EBRD) is providing a €140 million ($188.6 million) loan to leading Turkish commercial vehicle maker Ford Otomotiv...
African agriculture stands at a crossroads and it alone is responsible for taking the right path. The sector has the potential to become a world beater within two...
Mobile finance has undergone strong growth in recent years, with more than 220 operational platforms worldwide. While the majority of these have so far been confined to...
Commodity trader Trafigura, has today launched India’s first online refined metal retail platform – known as Lykos.
Key innovations and technologies are helping to drive change across Africa’s agricultural value chains, from mobile payment systems to centralised information registries....
The African Export-Import Bank (Afreximbank), together with a syndicate of commercial banks, has arranged a €200 million ($271.9 million) syndicated bridge financing...
TXF talks to Vincent O’Brien, chair of the International Chamber of Commerce (ICC) Banking Commission’s Market Intelligence Group on the ICC’s Global Survey 2014:...
Despite having nearly 20% of the world’s cultivated land, Africa’s share of the global agricultural market measured by insurance premiums paid is smaller than 1%,...
Value chains like livestock and dairy face a unique set of challenges, giving them a reputation as being higher risk than those for soft commodities like grains.
Standard Chartered (StanChart) has appointed Michael Vrontamitis as head of trade, product management. He is based in Hong Kong and reports to George Nast, global head,...
In a landmark development for agri-trade in Eastern Africa, the commodity-focused East Africa Exchange (EAX) has been officially launched. The regional commodity exchange...
Governments in African, Caribbean and Pacific countries have a huge responsibility to support agriculture, which in many cases employs more than half the population and...
In advance of her appearance at TXF Global in Athens, Reta Jo Lewis, President and Chair of Export-Import Bank of the United States (US Exim) spoke to TXF about the importance of ‘getting out there’ to be face to face with exporters, financiers and the industry. There’s no point sitting back and waiting for business to come to the agency, she says.