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08 July 2015

Afrexim raises and closes a record $1 billion bank loan

The African Export-Import Bank (Afrexim) has finally closed the general syndication stage of a term loan amounting to the equivalent of $1 billion. This is the largest...

08 July 2015

Côte d’Ivoire’s Afriland First Bank gets Afrexim facility for SME onlending

The African Export-Import Bank (Afrexim) has signed a €15-million ($16.5 million) financing facility to Afriland First Bank’s Côte d’Ivoire subsidiary for the financing...

02 July 2015

Cheniere Partners secures $5.8 billion new debt financing for Sabine Pass Train 5

Cheniere Energy Partners (Cheniere Partners) has secured debt financing of approximately $5.8 billion for its wholly-owned subsidiary the Sabine Pass Liquefaction’s (SPL)...

01 July 2015

Castleton Commodities closes $3.75 billion credit facilities

US-headquartered, Castleton Commodities International (CCI) has closed two committed credit facilities totalling $3.75 billion. The funds will be used for general...

30 June 2015

Afrexim provides funding for Cape Verde hotel project

The African Export-Import Bank (Afrexim) has signed an agreement to provide a €57 million ($63 million) credit facility for the construction of a five-star hotel and spa...

15 June 2015

Afreximbank appoints Benedict Oramah as new president

The African Export-Import Bank (Afrexim) has appointed Dr Benedict Oramah to be the next president of the continental multilateral trade finance institution. He will take...

11 June 2015

Afrexim to introduce guarantee facility for African processing plants

The African Export-Import Bank (Afrexim) is to introduce a special guarantee facility to enable African processing plants secure long-term export contracts with bank...

28 May 2015

Traxys signs oversubscribed borrowing base facility

Luxembourg-headquartered commodity trading company, Traxys Sarl (Traxys) has signed and closed a $1 billion borrowing base facility. The funds will be used to refinance...

01 April 2015

MIGA to insure Vitol investment in Ghanaian gas field

Dutch commodities trader Vitol Holding (Vitol) is seeking to secure a $470 million guarantee from the Multilateral Investment Guarantee Agency (MIGA) for an equity...

26 March 2015

Louis Dreyfus appoints Asia head of trade finance

Commodity trading company Louis Dreyfus Commodities has appointed Vijay Anand Ramanujam as its new regional head of trade finance for Asia. He is based in Singapore.

20 March 2015

PrimeRevenue teams up with Supplier Success

PrimeRevenue – the global leader in financial supply chains has announced a new strategic partnership with Supplier Success, the Detroit-based company focused on...

12 March 2015

Afrexim and StanChart arrange Kenya power sector loan

The African Export-Import Bank (Afreximbank) has teamed with Standard Chartered (StanChart) to provide Kenya Power and Lighting Company (KPLC), a Nairobi Stock...

17 February 2015

Afrexim plans to launch financing programme to support Egyptian exports

The African Export-Import Bank (Afrexim) has announced that it is planning to launch a special trade finance programme to support Egyptian businesses trying to do...

19 January 2015

Brazil’s Biosev secures new credit facility

Biosev, the Brazilian sugar and ethanol arm of French commodity trading firm Louis Dreyfus, has signed a loan with an international bank group, designed to increase its...

19 January 2015

Regional co-operation key to closing African infrastructure gap

Jean-Louis Ekra, president of the African Export Import Bank (Afreximbank), spoke of fostering collaboration between countries and continents to help reduce Africa’s...

30 December 2014

Sasol completes credit facility for Louisiana chemical plant

Sasol, the South African energy and chemical corporation, has completed the credit facility required for the construction of its ethane cracker and derivatives complex at...

22 December 2014

Senegal agri-sector receives boost with Afreximbank funding

The Senegalese agri-sector is set for a boost with new funding announced today by the African Export-Import bank (Afreximbank).

01 December 2014

Louis Dreyfus appoints new CEO

The global merchandiser of commodities, Louis Dreyfus Commodities (Louis Dreyfus), has appointed Mayo Schmidt as its new CEO. The decision will take effect from 5 January...

05 November 2014

Afreximbank to introduce mobile payment platform

The African Export-Import Bank (Afreximbank) has announced that it is working to introduce a mobile payment platform to support intra-African trade and payments.

31 October 2014

Corporate wish list: what exporters and borrowers need from ECAs

Helen Castell discusses, with some of the world’s biggest exporters and borrowers, the changing role of export credit agencies (ECAs), the impact of political wrangles in...