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Perspective
24 October 2014

Banks and EKF team to close loan for largest wind farm in the Philippines

The Philippine geothermal and renewable energy producer, Energy Development Corporation, has signed a $315 million financing agreement with a club of foreign and local...

Perspective
24 October 2014

Michal Ron elected as new vice president of Berne Union

This week the Berne Union – the International Union of Credit & Investment Insurers – came together in London for their annual general meeting (AGM), which is also the...

Perspective
23 October 2014

OPIC and JP Morgan provide loan for Africa Finance Corporation

The Overseas Private Investment Corporation (OPIC) together with JP Morgan has arranged a $100 million long term loan facility for the pan-African development finance...

Perspective
23 October 2014

SACE report identifies key problems and opportunities for Italian exports

Italy’s export credit agency (ECA), SACE, has just released its 2014 risk map, analysing the impact of geopolitical instability on Italian businesses over the past year....

Perspective
22 October 2014

Sberbank and EXIAR sign cooperation agreement

Sberbank of Russia and the Russian Agency for Export Credit and Investment Insurance (EXIAR), the country’s export credit agency, have entered into a cooperation...

Perspective
22 October 2014

AfDB provides risk guarantees for Kenyan geothermal project

The African Development Bank (AfDB) has approved a $12.7 million African Development Fund partial risk guarantee (AfDF PRG) for the 105 MW Menengai Independent Power...

Perspective
22 October 2014

Commerzbank makes BPO debut

Commerzbank, Germany’s second-largest bank by assets, has made its bank payment obligation (BPO) debut, processing two live transactions.

Perspective
22 October 2014

Impala Terminals sets up warehousing JV with China’s CITIC

CITIC Global Trade Shanghai (CGT), the subsidiary of CITIC Securities, China’s largest investment bank, has signed an agreement with Impala Terminals, the global...

Perspective
22 October 2014

Afreximbank finances Nigeria’s Heritage Bank expansion

The African Export-Import Bank (Afreximbank) has signed a loan agreement with Nigeria’s Heritage Bank providing funds to facilitate the acquisition of Enterprise Bank...

Perspective
22 October 2014

Eurofinance - All is flux

The annual Eurofinance event took place in Budapest this week.

Perspective
21 October 2014

FMO provides funds to Turkey’s Fibabanka

Dutch development bank, FMO, has entered into a new partnership with The Green for Growth Fund, South-East Europe (GGF) in a club deal to provide a credit line of €40...

Perspective
21 October 2014

EBRD extends first resource efficiency loan in Turkey

The European Bank for Reconstruction and Development (EBRD) is extending its first credit line under its Sustainable Resource Initiative (SRI) with a €50 million ($63.4...

Perspective
21 October 2014

Scorpio Bulkers secures loans from DNB and Korean agencies

The Monaco and New York-based bulk shipper, Scorpio Bulkers, has secured a loan facility of up to $411.3 million from a group of financial institutions.

Perspective
21 October 2014

Banks and JBIC team to sign loan for Turkmen petrochems project

Japan’s export credit agency (ECA), Japan Bank for International Cooperation (JBIC) has teamed up with a club of commercial banks to arrange financing for the export of...

Perspective
20 October 2014

Noble Group makes senior appointments

Noble Group, the Singapore listed commodity merchant, has made a series of internal promotions aimed at enhancing its capability in delivering physical commodities from...

Perspective
20 October 2014

Italian ECA prepares new initiatives for investment in Morocco

The Italian export credit agency, SACE, has announced €200 million in new initiatives under study for Morocco.

Perspective
20 October 2014

United Bulgarian Bank joins IFC’s GTFP

United Bulgarian Bank (UBB) has gained a $10 million credit line from the International Finance Corporation (IFC).

Perspective
20 October 2014

Ecom Agroindustrial closes oversubscribed RCF

Swiss-headquartered, agri-trading and processing company, Ecom Agroindustrial Corporation, has successfully signed and closed a $600 million, multicurrency revolving...

Perspective
20 October 2014

Barclays hires new head of CAPEX financing solutions, Africa

Barclays has appointed Mandy Symons as its new head of capital expenditure (CAPEX) financing solutions, Africa. She makes the move to Barclays after working at Nedbank...

Perspective
17 October 2014

Ukraine agri-producer secures EIB funds

The European Investment Bank (EIB) has agreed to lend €50 million ($63.4 million) to Firma Astarta-Kiev, a leading Ukrainian agro-industrial producer. The facility is the...