South Africa wants $250m from NDB for power project
South Africa has asked the New Development Bank (NDB) for $250 million in funding to connect new power plants to the national grid. The money would be used to build...
South Africa has asked the New Development Bank (NDB) for $250 million in funding to connect new power plants to the national grid. The money would be used to build...
A number of Iranian banks have reconnected to SWIFT, the global transaction network. The move allows them to resume cross-border transactions with foreign banks after...
Argentina's new president, Mauricio Macri, has revoked the 5% tax which the previous administration collected on mining exports. The country produces aluminum,...
SACE, the Italian export credit agency (ECA), has opened an office in Dubai. The office will manage a portfolio of insured transactions and guaranteed investments...
EDC has seen a 20% increase in the take up of its small and medium sized enterprises (SME) export programme following a recent rule change allowing the Canadian export...
Japan has become the world's largest liquefied natural gas (LNG) importer as it diversifies away from nuclear power. A recent deal between Japanese export credit agency...
Despite offering new products and services to exporters, the British government is struggling to combat the country’s record £125 billion trade gap.
Export Development Canada (EDC) has provided $1.25 million in financing for the country's ISE Metal. It will allow the metal manufacturing company to buy new...
The International Finance Corporation (IFC) has agreed to help Senegal develop up to 200 megawatts of solar power as part of the World Bank Group's Scaling Solar...
The China Export & Credit Insurance Corporation (Sinosure), the country's export credit agency, has blacklisted Nigeria amid fears over the stability of the...
Falcon Group is the first non-bank financier to join the International Chamber of Commerce's (ICC) UK Banking Committee. It will be able to nominate staff to...
Corporates will make up 68% of all delegates at next week’s TXF Singapore event. TXF Singapore 2016: Trade, Treasury & Commodity Finance takes place...
The United Arab Emirates' Abu Dhabi National Oil Company (ADNOC) has offered free oil to India in return for a storage deal at its planned underground facility in...
Sir Michael Rake is the new chairman of the International Chamber of Commerce (ICC) in the UK. His role includes being the figurehead for UK business at an...
The number of insolvencies in advanced markets is set to fall only 3% this year - the worst performance since 2012, according to credit insurer Atradius. Sluggish oil...
The UK is attempting to increase trade with Kenya as Lord Clive Hollick, the envoy to East Africa, visits the country this week. He will explore trade opportunities,...
Swiss-based commodity giant Glencore has closed the senior syndication of a new revolving credit facility. The deal will refinance and replace its existing $8.45...
The European Bank for Reconstruction and Development (EBRD) is lending Croatian consumer goods distributor Orbico up to €20 million. The loan will enable Orbico...
The Korea Trade Insurance Corporation (K-sure) will provide 196 trillion won worth of insurance this year to back businesses exporting to Iran, Cuba and other new...
At a BNY Mellon-hosted roundtable in Abu Dhabi, TXF sat down with a number of UAE banks to discuss the region’s economic developments, the evolving trade arena, and how...