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31 October 2016

2016: The tipping point

The 2015 Berne Union statistics for the trade credit insurance market shows an interesting trend over 2014 and perhaps one worthy of note to us all. The numbers suggest...

20 October 2016

Siemens’ Doug Schoch talks supply chain finance

Doug Schoch, vice president of Captive Business at Siemens, talks to TXF's managing director Dan Sheriff about Siemens' supply chain finance programme and the direction...

12 October 2016
in
Infrastructure, Transport

EDC flouts Angola risk for landmark locomotive deal

Despite the economic uncertainty in Angola, EDC has agreed a financing for the country which will contribute to the completion of one of the final steps to opening a new...

06 October 2016

Landmark $500m stand-by LC set to transform Ghana power generation

In a ground-breaking transaction for Ghana, HSBC and Standard Chartered Bank have issued a $500 million stand-by letter of credit on behalf of Ghana National Petroleum...

05 October 2016

Ecobank taps AfDB to plug Africa's trade finance hole

Falling commodity prices have caused shortages in dollar funding for African producers and has led to a greater demand for trade financing from local SMEs.

03 October 2016
in
Power, Renewables, Transport

Kexim wades into Africa infra scramble with Ghana power deal

Kexim last week provided a loan to finance the Prestea-Kumasi power enhancement project in Ghana as South Korea looks to compete with China and Japan for African...

02 October 2016

South Africa's indispensable finance minister

Finance Minister Gordhan has demonstrated his indispensability to avoid another downgrade of South Africa’s credit rating and to maintain unity within the governing ANC...

29 September 2016

What's driving China Exim's infrastructure push in Africa?

African economies have been suffering of late from low commodity prices. However, the continent's largest trading partner, China, is investing billions – mostly via China...

23 September 2016

UK Polyhalite mine set to expand niche markets

The development of one of the world’s highest producing polyhalite mines in North Yorkshire, backed by commercial bank and Canada’s EDC financing could bring jobs and an...

22 September 2016
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

ITFA panel emphasises role of distribution for trade growth

One of the key themes to come out of the recent ITFA conference held in Warsaw was the increasing importance of the role of distribution and syndication within trade to...

15 September 2016

Moody's report highlights credit quality of export finance loans

Global trade numbers might be floundering, but the quality of export finance is gradually gaining in appreciation, especially since Spain's introduction of export finance...

09 September 2016
in
Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Renewables, Transport

Japan eyes 'UN Security Council seat' with $30bn pledge to Africa

Japan's latest pledge to commit $30 billion in public and private support for infrastructure development in Africa is a "politically motivated" move to ensure the Asian...

02 September 2016
in
Transport

US Ex-Im strikes back with French lease financing for Sun Express

In a deal that represents US Ex-Im's last approved aircraft guarantee before it shut down last summer, Turkish airline Sun Express closed in June five US Ex-Im-backed...

18 August 2016

Rethinking trade finance regulation

Financial sector and trade finance regulation needs advocacy, engagement and dialogue from all parties to ensure the sector moves forward in a workable and profitable...

17 August 2016

Mercuria seals borrowing base as lenders look to safer structures

Lenders have always been keen to protect their returns but a recent trend towards borrowing base facilities demonstrates a clear preference for stringent security and...

02 August 2016

Trade credit insurers face 'triple whammy' of risks

Trade credit insurance is reeling from the shocks affecting the global economy, recent reports from leading insurers show. World corporate risk has reached a peak, says a...

29 July 2016

HSBC in Mexico makes senior appointment to GTRF team

HSBC has appointed Beatriz Monteagudo as head of the transaction management unit joining the global trade and receivables finance (GTRF) business in Mexico.

28 July 2016

Rising protectionism hampers global trade flows

Governments around the world are slowly but surely turning their backs on the open-market agenda, and global trade flows are starting to feel the repercussions. Ollie...

29 June 2016

South Africa’s downgrade to junk ‘almost inevitable’

Africa’s second largest and most sophisticated economy risks a heavy blow to its ability to attract financing if, as experts widely predict, its credit rating is...

27 June 2016

The impact of Brexit on Africa

Following the UK’s surprise vote to leave the EU, EXX Africa's Robert Besseling assesses the probable impact such a departure would have on African trade, investment, and...