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News
14 June 2017

US Senate proposal could unlock incentives for hydro projects

The Reliable Investment in Vital Energy Reauthorization Act aims to reauthorise a Department of Energy programme to offer incentives to unlock the hydro potential of...

News
14 June 2017

Maersk becomes capital provider in trade finance

Danish shipping giant, AP Moller Maersk, adopts new digital platform, Maersk Trade Finance, to ease supply chain woes and allow application of funds for shipment payment...

News
14 June 2017

Five pre-qualify for Noor Midelt Phase 1 solar tender

Moroccan Agency for Renewable Energy (Masen) has selected five pre-qualified bidders for Phase 1 of the Noor Midelt solar complex The five groupings are as...

News
14 June 2017

AfDB considers finance for 50MW Alcazar II project

The African Development Bank (AfDB) is considering an $18 million facility for the construction of a solar project being developed under Egypt's FIT scheme at the...

News
14 June 2017

Revolut launches multi-currency payment service in Europe

UK-based payments startup Revolut has unveiled a business service in Europe that will let companies hold, exchange and transfer money in 25 currencies at the interbank...

News
14 June 2017

Thomson Reuters to share data for blockchain contracts

Thomson Reuters is opening up its data to smart contract authors involved in blockchain consortia efforts R3 and the Enterprise Ethereum Alliance. Its BlockOne IQ...

News
14 June 2017

Gunvor facilities in final stages

Commodity trader Gunvor is in the final stages of closing two refinancings - a one-year $400 million borrowing base facility for its Ingolstadt refinery in...

News
14 June 2017

Boost Payment Solutions closes Mosaik Partners funding

New York-based B2B fintech Boost Payments Solutions has closed a round of funding from San Francisco-based Mosaik Partners. It says it will use the proceeds to expand its...

News
14 June 2017

San Miguel plans $20bn refinery project

The 250,000 barrels per day refinery and petrochemical project will be carried out with two unnamed foreign partners and, at $15-20 billion, will be the Philippine...

News
14 June 2017

SAP Ariba picks Mercateo for Spot Buy rollout in Europe

SAP Ariba has picked German B2B spend expert Mercateo as its primary partner to roll out in Europe its Spot Buy solution, which helps corporates find items and make ad...

News
14 June 2017

AIIM acquires 44% stake in Mali's first independent power project

Equity investor African Infrastructure Investment Managers (AIIM) has become the largest shareholder in Albatros Energy Mali, which is developing a 90MW thermal...

News
14 June 2017

Mercuria RCF signing tomorrow

Mercuria is set to close both of its upcoming borrowings by the end of this month. Its revolving credit facility (RCF), mostly unchanged from last year, will be...

News
14 June 2017

Misys, D+H merger gives birth to new tech giant Finastra

London's Misys and US-based D+H have launched the third biggest financial services technology company in the world following the acquisition of D+H by Misys parent...

News
14 June 2017

IBM unveils first suite of tools from Watson Financial Services

IBM has released the first suite of services under the newly formed Watson Financial Services division. The first tools cover three areas: regulatory requirements,...

News
14 June 2017

Ingenious Stellata JV commits to A$200m solar project pipeline

A partnership of UK investment firm Ingenious and Australian developer Stellata Energy will fund a series of utility-scale solar projects in Western Australian, starting...

News
14 June 2017

StanChart plans US trade finance push

Standard Chartered will expand its US presence and offer its trade finance, transaction banking, cash management and forex products to big US firms. It has already...

News
14 June 2017

EBRD loan to boost financing for Romanian MSMEs

The EBRD is extending a €20 million loan to leasing company BT Leasing to broaden access to finance for micro, small and medium-sized enterprises (MSMEs) in Romania,...

News
14 June 2017

Nigeria plans first national sukuk for infrastructure projects

Lotus Capital will manage the sale of the Islamic bond on behalf of the Debt Management Office with the aim of raising $328 million for road, railway and power projects....

News
14 June 2017

White Oak Commercial Finance hires ABL veteran Gerard Hanabergh as MD

US-headquartered White Oak Commercial Finance has appointed Gerard M Hanabergh as its new managing director of risk for asset-based lending (ABL). He was most recently...

News
14 June 2017

OXIAL launches new governance, risk and compliance solution

Switzerland-based OXIAL has launched a new governance, risk and compliance solution that integrates IT risks and threats with overall risk and compliance structures....