Reliance signs landmark credit line with Japanese institutions
Japanese banks, supported by the Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance (Nexi) have signed export credit financing...
Japanese banks, supported by the Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance (Nexi) have signed export credit financing...
Solena Fuels is to construct a new facility that transforms landfill waste into jet fuel with the support of British Airways. The facility, which will be the first of its...
First Quantum Minerals (First Quantum) has signed and drawn down on its $2.5 billion, five-year term loan and revolving facility. The company has also completed a number...
Development banks led by the African Development Bank (AfDB) have signed a $142 million loan agreement to develop the 120MW Itezhi Tezhi power project in Zambia.
US-headquartered CIT Group, a global leader in transportation finance, acting through CIT Maritime Finance has provided a $95.2 million senior secured credit facility to...
Vancouver-headquartered, African miner Asanko Gold has agreed terms to amend its existing project debt facility with a special purpose vehicle of RK Mine Finance Trust I...
Glencore Xstrata, one of the world’s largest global diversified natural resource companies, has struck an agreement with a Chinese consortium to sell its entire interest...
Global law firm Dentons is extending its presence in Africa with a new office in Cape Town and plans to open further offices in Johannesburg and Francophone Africa later...
How financial institutions can partner with consumer goods companies to help reduce deforestation
Florian Witt, head of Africa at Commerzbank, explains what corporates can do to mitigate their exposure to risks in the region and capitalise on Africa’s potential.
Canadian-based, oil exploration company Caracal Energy, through its wholly owned subsidiary PetroChad Mangara Limited, has signed a $140 million reserve based senior...
London-headquartered, Africa-focused, oil exploration company Tullow Oil has refinanced its $500 million corporate revolving credit facility (RCF) and successfully...
Barclays has appointed Karl Trumper as head of trade & working capital UK.
ABN AMRO has made two hires to strengthen its sector origination capabilities for its energy, commodities and transportation (ECT) clients. The move takes place as the...
Canadian-headquartered Newmont Mining Corporation has closed its $575 million term loan and $3 billion revolving credit facility (RCF). In the process the company has...
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...
Brazil’s Banco Pine will benefit from a $115 million loan from Commerzbank and the Inter-American Development Bank (IADB), which it will use for onlending to support...
South African headquartered bank Investec has closed a major financing, including senior debt guaranteed by the Export-Import Bank of the United States (US Ex-Im), to Air...
An initiative, announced today, could soon see the establishment of the new Ghana Commodity Exchange (GCX). And beyond this, there is the potential for the GCX to become...
Deutsche Bank has appointed Anthony Lin as China head of corporate banking and head of trade finance & cash management for corporates (TF/CMC). Lin, who takes up the new...
The financing backing TotalEnergies’ Mozambique LNG project was taken out of the financial fridge earlier this year but funds are yet to be disbursed. With the latest military insurgence in the gas-rich region, and ECAs and banks reticent on when the deal will close, meeting conditions precedent seems ambitious in 2024.