Euler Hermes, the trade credit insurer, has made Alexia Parmentier and Tim Hoggarth co-heads of its London-based excess of loss (XoL) unit. Parmentier will lead XoL...

HSBC has promoted Sandeep Uppal to the role of regional head of international subsidiary banking, Asia-Pacific. Uppal succeeds Ajay Sharma, who recently became HSBC's...

London-based GuarantCo and the Nigerian Sovereign Investment Authority (NISA) have formed InfraCredit, an infrastructure credit enhancement facility in Nigeria. It will...

Confidence of CEOs in their own growth over the next year is rising despite new risks and uncertainty, according to PwC's 20th annual survey. Some 38% are very...

Brazilian oil giant Petrobras has completed the sale of $4 billion five-and ten-year notes in international markets. The order book was five times oversubscribed in the...

Seven banks have joined together on KBC’s new Digital Trade Chain (DTC) to aid European small and medium businesses (SMEs) increase trade.

Amandi Energy's $522 million CCGT power plant began construction last month and is expected to increase Ghana's electricity supply by 7% once completed in 2019.

Export credit agency UK Export Finance (UKEF) has agreed to provide $310 million to GE Oil & Gas to supply equipment for the Offshore Cape Three Points project in...

Commodities trader Louis Dreyfus and Brazilian soy processor-exporter Amaggi have sold a 33% stake in joint venture Brazil JV to Japanese agricultural company Zen-Noh.

The Export-Import Bank of Korea (Kexim) has issued a €500 million loan to Azerbaijan state oil company Socar for its carbamide plant to be built in Sumgait. The...

Euler Hermes has hired Kamelia Popova as country manager for Bulgaria. The trade credit insurer said a rising number of Bulgarian firms were looking for support to grow...

The Dubai Financial Services Authority (DFSA) has reported on trade finance in and from the Dubai International Financial Centre, highlighting - among other things -...

The African Development Bank (AfDB) has hired Ousseynou Nakoulima as the director for renewable energy and energy efficiency. He has previously worked at BNP Paribas,...

The African Export-Import Bank (Afreximbank) has agreed to provide $250 million in future flow pre-financing to the Republic of Congo to support its oil fields strategic...

The Export-Import Bank of Korea (Kexim) issued a repayment guarantee agreement to help Seoul-based solar power unit group Hanwha Q Cells win a second order from...

Eversheds has hired Frank Thompson to its London insurance team to expand coverage details. He advises on a range of products, including trade-related protections such as...

International trade lawyer Chiara Klaui has joined Akin Gump Strauss Hauer & Feld as counsel in London. She joins from Baker McKenzie in Amsterdam and has extensive...

The digitised world presents financial services with a transformation challenge, according to global management consultancy Oliver Wyman. Digitising purely to boost...

Financing for the project signed in November 2016, but full financial close was still subject to resolution of some of the conditions in the project’s power purchase...

Sofitex, one of Burkina Faso’s largest cotton exporters, is expected to finalise €90 million ($95.4 million) in financing from international banks for the 2016/2017...