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News
09 March 2017

2017 BAFT Global Annual Meeting - North America - Registration

BAFT Global Annual Meeting - The Americas, April 29-May 3, 2017 in Miami, Florida, continues to deliver on its strengths of quality programming, leading industry speakers...

News
09 March 2017

Align Commerce raises $24m, rebrands as Veem

Cross-border B2B payments firm Align Commerce has raised $24 million in funding and changed its name to Veem. It says it will use the funds to expand geographically and...

News
09 March 2017

Corporates want banks to deliver payment standardisation

A lack of industry standard is a key concern among businesses, according to a Nordea report on business-to-business payments. And more than half of respondents said they...

News
09 March 2017

Austria's Raiffeisen implements Intellect's trade finance platform

Five Austrian Raiffeisen banks will implement Intellect Design Arena's digital trade finance platform as the group looks to standardise its operations. The deal...

News
09 March 2017

PTA Bank raises $500m in bonds

Burundi-based multilateral lender Eastern and Southern African Trade and Development Bank (PTA Bank) has raised $500 million via a five-year bond issue. The 2022...

News
09 March 2017

North Korean banks barred from Swift global messaging system

North Korean banks subject to international sanctions have been banned by Swift from using its global financial messaging service, the Belgium-based Society for Worldwide...

News
09 March 2017

Power is largest Africa borrower sector in 2016

TXF Data shows power was the largest borrower sector in Africa in 2016, with loans up from $3.336 billion in 2015 to $5.584 billion. But the power deficit across the...

News
08 March 2017

Opportunity of the day: Lebanon set to resume inaugural offshore oil and gas licensing round

Global oil and gas companies are invited to participate in Lebanon's first offshore licensing round after the end of a three-year suspension on new licenses caused by...

News
08 March 2017

S&P assigns Limetree Bay Terminal loan rating

On March 7 S&P Global Ratings assigned a BB- rating to Limetree Bay Terminals $440 million term loan B due 2023.  Limetree Bay Terminals - a newly-created...

News
08 March 2017

Siccar Point Energy seals RBL facility

Aberdeen-based exploration and production company Siccar Point has secured $600 million in reserve based lending (RBL) to part fund its acquisiton of OMV UK. The six-year...

News
08 March 2017

Cubico Alten solar PV project out for debt

Cubico Alten Aguascalientes – a special purpose vehicle jointly owned by Cubico Sustainable Investments and Alten Renewable Energy America – is in the market...

Perspective
08 March 2017

Palm off: RI proposes long tenor debt restructuring

Indonesian agri-industrial conglomerate Royal Industries (RI) is asking lenders for another 19 years to repay a five-year working capital loan signed in 2014.

News
08 March 2017

BlackRock nears target on Colombian infrastructure fund

BlackRock is expected to complete fundraising for a $337 million infrastructure debt fund in Colombia. 

News
08 March 2017

Stressed Asset funds possible for Indian power projects

 State-owned lenders Power Finance Corporation and Rural Electrification Corporation are researching the creation of Stressed Asset funds to help revive stalled...

News
08 March 2017

EU announces 14 renewable power projects for Africa

The EU’s Africa Renewable Energy Initiative announced 1.7GW of power projects.  Beneficiaries of the total potential €4 billion investment include...

News
08 March 2017

Philippines to build LNG plant in Iran

Philippine National Oil Company is seeking to construct a two-million-ton LNG plant in Iran according to an official with the Pergas International...

News
08 March 2017
in
Infrastructure, Transport

China's CRRC signs deal to supply metro cars to Iran

China's CRRC Nanjing Puzhen Rail Transport has sealed a contract with Iran's IDRO Group to supply 450 metro cars for the Iranian cities of Ahvaz, Tabriz and...

News
08 March 2017

Burkina Faso mine to add 15MW solar

The Iamgold Essakane gold mine is to commission a solar PV facility to compliment its 57MW heavy fuel power plant.

News
08 March 2017

China Gezhouba contracted for Dasu Hydro phase 1

China Gezhouba Group is to sign as the main contractor on the first 2.16GW stage of the Dasu run-of-river hydro power project. The World Bank is providing...

News
08 March 2017

SMEs wary of government's trading hopes post-Brexit

Brexit's success lies in large part with UK small and medium-sized enterprises (SMEs). Bibby Financial Services looks at what barriers will they face when considering...