Blockchain technology has the potential to help revive international trade at a time when protectionism and border controls put it under pressure. By ensuring that...

Banks are increasingly using application programming interfaces (APIs) to give corporate customers direct access to bank data within their own treasury workstation or ERP...

Local conglomerate Summit Group has signed a power purchase agreement with the Bangladesh Power Development Board to sell the Kodda power plant output at Tk 7.15 per unit...

The Dubai Multi Commodities Centre (DMCC) saw a record 2,016 new member companies in 2016, an increase of 14% on the previous year. DMCC is now home to 13,500...

Deutsche Bank and Italy's SACE have finalised a €9 million initiative to sustain the Mexican expansion of Firmer, a Vimercate-based company specialised in the...

The new joint venture comprises of investment fund Quantum Global Africa Mezzanine, developer Independent Power Corporation and project manager Tome International.

A global consortium consisting of KfW IPEX-Bank, DZ BANK, Development Bank of Japan (DBJ), CaixaBank and the European Investment Bank is financing the expansion of the A7...

SWIFT has strengthened its customers' existing fraud controls by announcing a new real-time payment controls service. It will enable its customers to screen their...

Bank of Cyprus has appointed Nicholas Pavlidis, a former Royal Bank of Scotland senior manager, as head of its new shipping finance department. He will report to Louis...

Dr Frannie Leautier, senior vice president of the African Development Bank (AfDB) Group, is to step down, citing personal reasons. Charles Boamah, the current...

Acwa Power is nearing financial close on the KfW-backed element of its 170MW $225 million Noor PV1 project in Morocco. Noor PV1 comprises three photovoltaic...

Russian aluminium producer UC RUSAL and Runaya Metsource have signed an agreement to create a joint venture in India. It will specialise in the production of high...

The Angolan Ministry of Energy and Water has awarded Dominovas the $90 million finance build own operate transfer project in the Northwest. Funding will come from...

Germany's KfW IPEX-Bank and Caisse d'Epargne CEPAC have agreed a €50 million loan to French energy producer Neoen for two wind farm projects in France. They...

Cocobod’s 2017 pre-export refinancing will have two bank bidding groups - one down on the deal last year. Bookrunners on the 2016 facility, Deutsche Bank...

Sinohydro Bureau 10 Co Ltd, a subsidiary of Power Construction Corporation of China (Powerchina), is to bid for the EPC contract of the Kandadji hydropower plant in...

The European Central Bank said it is not likely to use distributed ledger technology as part of the eurosystem market infrastructure in the near future, arguing that the...

Italy's Banca Intesa Sanpaolo has tested a blockchain tool intended to validate trading data. The OpenTimeStamps protocol uses blockchain to notarise transactions,...

The majority of SMEs in the US and Europe would consider switching banks if they were offered real-time payments, according to a YouGov poll sponsored by payments...

Solairedirect Energy India was awarded a 250MW solar project at Kadapa in Andhra Pradesh with a flat Rs3.15 per unit. The auction winner is the Indian arm of French...