The African Export-Import Bank (Afreximbank) is pushing the need for more factoring across Africa, stressing that the lack of factoring services is hindering small-to...

Energy trading company Vitol has closed its $2.05 billion loan to fund the acquisition of the downstream businesses of Shell Australia (excluding aviation).

Although the operations of Berne Union members are diversified across various products, geographies, governance models, and regulatory systems, the growing role of ECAs...

The African Export-Import Bank (Afreximbank) has signed an agreement with the Gabonese Gabonaise de Tourisme et de l’Hotellerie (GTH) group to provide a €24 million...

Kenya Airways has received its first Boeing 787-800 Dreamliner plane, marking the start of the second phase of its $1.9 billion aircraft purchase contract arranged by the...

The US-based Magnolia LNG export project is moving forward with two major developments taking place this week.

The African Export-Import Bank (Afreximbank) has entered into an agreement with Zimbabwe to help tackle the country’s financial sector liquidity challenges through the...

Russia’s Novatek and Total have approved a final investment decision (FID) for the Yamal LNG (liquefied natural gas) project, consisting of the development of the...

Puma Energy (Australia) has finally closed the A$460 million ($412 million) financing for its acquisitions of Ausfuel Gull, Neumann Petroleum and Central Combined Group....

International drilling contractor Sevan Drilling has also closed and drawn down $1.4 billion of its new $1.75 billion bank facility. The funds relate to the delivery in...

Credit and political risk specialist Garant and Russian export credit agency, Export Insurance Agency of Russia (EXIAR), have signed a cooperation agreement in...

Several significant changes to the ICC Banking Commission executive committee were announced during October’s meeting in Vienna. Long time industry stalwarts, Dan Taylor...

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has signed a collaboration pact with Tata Africa Services and John Deere Financial, whereby Stanbic IBTC Bank will...

Bank of America Merrill Lynch (BofAML) has made several appointments expanding its Europe, Middle East and Africa (EMEA) sales team within global transaction banking...

US-headquartered energy trader Castleton Commodities International (CCI) has secured a $850 million revolving credit facility through a 17-strong bank syndicate. The...

Commodity trading company Trafigura has closed a $200 million long-term bond financing to support further development of its Burnside Terminal in Louisiana, USA.