Perfect 10: Lukoil taps K-Sure debut
Taking home TXF’s Best Eurasian ECA-backed deal of 2018, Lukoil Overseas Uzbekistan's debut K-sure-backed loan was the first for the Korean ECA with a Russian sponsor.
Taking home TXF’s Best Eurasian ECA-backed deal of 2018, Lukoil Overseas Uzbekistan's debut K-sure-backed loan was the first for the Korean ECA with a Russian sponsor.
As foreign currency debt issuance reaches a new record so far this year, there are growing concerns over debt servicing sustainability across Africa. Several African...
In the wake of the illegitimate 20 May presidential elections, Venezuela is at an inflection point. The country faces an acute political and economic crisis, and the...
Lending demand from South Africa’s mining sector has been sluggish at best – a symptom of poor economic governance, a new mining charter verging on the absurd and the...
A new debt restructuring proposal is unlikely to make firm commitments to Mozambique’s creditors, but as long as bond prices remain high, many creditors seem satisfied to...
The year 2018 is unlikely to herald the start of a new African debt crisis, but it will augur an end to the boon of high-yielding African debt, as governments continue to...
An executive summary of TXF's key global country risk ratings for January 2018.
TXF caught up with Robert Besseling, executive director at EXX Africa, to find out more about the current challenges private insurers face doing business in Africa, as...
Although the majority of banks believe fintech will cut their compliance costs and improve their ability to risk-assess SMEs, the proportion of small businesses being...
Despite a complete overhaul of management at Sonangol - most notably the removal of Isabel dos Santos as chairperson - the ongoing refinancing of the state-owned oil...
Despite the recent resignations of top executives at Tanzania’s largest investor, Acacia Mining, there has been little progress in negotiations to resolve a long-running...
Robert Kowit, senior vice-president and product specialist at Federated Investors, is finding investor appetite for trade finance assets from some unexpected quarters.
Solar developer FRV closed a $65 million DFI-backed loan this week to finance the development of the $93.3 million 51MW Al-Safawi solar plant in Jordan. Won with a highly...
A multi-jurisdictional corruption probe into oil sector deals under the previous Nigerian administration is gaining pace and implicates both multinational commodity...
Cost-cutting measures at Angola’s state oil company have started to pay off and foreign oil companies are re-engaging with Sonangol at improved terms. But broader...
The second restructuring of Glencore’s pre-pay deal with SHT, combined with more deal volume and the increasingly risky markets traders are financing, is flagging up the...
Awarded to Aecon as a PPP concession with the Canadian Commercial Corporation as an intermediary, and financed via the US private placement market, the Bermuda Airport...
Supply chain finance pure-play providers' use of traditional fee models is causing revenue to be far smaller than increases in new business volumes would suggest. Should...
Solar developer FRV reached full financial close on DFI-backed financings last month to fund the construction of two of its four solar projects in Mafraq, Jordan. The...
Cricket Valley Energy Center closed a debt and equity package last month to finance the construction of a 1.1GW greenfield power plant in Dover. The deal includes a rare...
Seung-Hoon Lee is now head of Export-Import Bank of Korea (Kexim’s) investment finance team, having recently been director of the new development finance team in the agency’s economic development promotion department. He discusses the agency’s new emphasis on direct equity investment in companies and project funds. How will this affect its longer term finance offering, support export credit, and also its development finance strategy?