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Perspective
16 May 2016

EBRD’s TFP continues to spread its wings

The EBRD’s Trade Facilitation Programme is further embedding itself in countries of the new region – Jordan, Morocco, Tunisia, Turkey, Egypt and Cyprus – where financial...

News
16 May 2016

Blockchain funding overtakes bitcoin

CoinDesk has released its latest State of Blockchain report, and tackles the question of whether we are just a couple of years away from seeing the radical effect of...

News
16 May 2016

It pays to be agile amid commodities turmoil

The independent commodites trading houses which thrived as prices dropped had two things in common: They were not focused on upstream concessions, and they adjusted...

News
16 May 2016

2016: A pivotal year for blockchain

SWIFT discusses the "Blockchain: beyond the hype" session at its business Forum London 2016 and looks at how the conversation has moved from "what is...

News
16 May 2016

Ukrlandfarming restructures US Ex-Im loan

Ukrlandfarming, the Ukranian agricultural holding group, has agreed to restructure debt on a loan worth almost $60 million with the Export-Import Bank of the United...

News
16 May 2016

Turkey's Yapı Kredi secures syndicated loans

Turkish lender Yapı Kredi has agreed a 364-day and 367-day syndicated loan comprised of a $513 million tranche and €835 million tranche. The loan will be used for...

News
16 May 2016

Malaysia Exim supports UK energy project

Malaysia's KNM Group has received a £35 million project financing facility from the Export-Import Bank of Malaysia (Malaysia Exim) for its waste-to-energy...

News
16 May 2016

Dubai Chamber opens global office in Mozambique

The Dubai Chamber of Commerce and Industry has opened an office in the Mozambique capital of Maputo. It is seen as a chance to help companies in the United Arab...

News
16 May 2016

MIGA backs recycling plant in Saudi Arabia

The Multilateral Investment Guarantee Agency (MIGA) has issued $15.3 million in guarantees to Swiss-based Global Steel Dust to support its investments in a greenfield...

News
16 May 2016

Afreximbank makes Kanayo Awani MD for intra-African trade

The African Export-Import Bank (Afreximbank) has made Kanayo Awani the managing director of its intra-African trade initiative. She was previously director of...

Perspective
13 May 2016

Building the blockchain: Q&A with R3CEV, the bank consortium and research lab exploring the future of trade finance

Blockchain research banking consortium R3CEV is a focal point for the exploration of distributed ledger technology and its potential applications to trade finance. Its...

Perspective
13 May 2016

IFC's Scaling Solar initiative set to brighten sub-Saharan Africa

Two out of three people lack access to electricity in sub-Saharan Africa, but a new initiative, Scaling Solar, rolled out this week by the World Bank group aims to bridge...

News
13 May 2016

EBRD arranges financing for Polish wind farm extension

The European Bank for Reconstruction and Development (EBRD) is extending its financing to the Banie wind farm project, in north-west Poland, with an additional loan of...

News
13 May 2016

EIB lends £700m to Thames Tideway Tunnel project

The European Investment Bank (EIB) will provide a £700 million loan for the £4.2 billion Thames Tideway Tunnel, the UK water industry's largest ever...

News
13 May 2016

MENA power needs $334bn investment

Countries in the Middle East and North Africa (MENA) region need to invest $334 billion over five years to meet the rising power demand, according to development bank...

News
13 May 2016

IsDB set to elect new president

The Islamic Development Bank (IsDB) will next week elect a new president, replacing long-serving Ahmad Mohamed Ali. Saudi Arabia has nominated Bandar Hajjar for the...

News
13 May 2016

Italy to help Belarus boost its OECD country risk ratings

Italian export credit agency SACE is to help Belarus improve its ratings in the Organisation for Economic Cooperation and Development (OECD) country risk...

News
13 May 2016

Rusal's profit rises as weakening ruble helps cut costs

Russian aluminium producer Rusal said first-quarter profit rose 2% to $312 million as a weaker ruble and lower raw-material prices reduced costs.

News
13 May 2016

HSBC Malta's trade finance fund hits milestone

A €75 million trade fund launched by HSBC Bank Malta ten months ago to help Maltese businesses grow globally has crossed the 80% utilisation mark. A €50...

News
13 May 2016

Olam's Q1 earnings up 212.8% to $113m

Singapore-headquartered commodity trader Olam International saw first-quarter earnings more than double from the same period a year ago. Profit after tax and minority...