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News
17 January 2017

UKEF signs first loan deal in Africa for Ghana energy project

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...

News
17 January 2017

Louis Dreyfus, Amaggi sell stake in Brazil JV to Japan's Zen-Noh

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.

News
17 January 2017

Kexim issues loan for Azerbaijan carbamide plant

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...

News
17 January 2017

Euler Hermes hires Kamelia Popova as Bulgaria country manager

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...

News
17 January 2017

DFSA highlights trade finance risks in new report

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

News
17 January 2017

AfDB names new renewable energy director

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,...

News
17 January 2017

Afreximbank agrees oil fields deal with Republic of the Congo

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...

News
17 January 2017

Kexim backs Hanwha Q Cells to win US PV order

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...

News
17 January 2017

Eversheds hires leading partner to expand insurance coverage

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...

News
17 January 2017

Global trade lawyer Chiara Klaui joins Akin Gump in London

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...

News
17 January 2017

Financial services must transform for future value

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

Perspective
16 January 2017

Full financial close on KalSel imminent

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...

Perspective
16 January 2017

Sofitex raises $224 million for cotton exports

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...

News
16 January 2017

A look at AIIB's first year in operation

The China-led Asian Infrastructure Investment Bank (AIIB) celebrates its first year of operations this week. Take a look at what it achieved in 2016, how it has been...

News
16 January 2017

Import-export office warns of global trade fraud

Vietnam's import-export department has warned businesses to be extra vigilant of fraud after a number of exporters recently lost hundreds of thousands of dollars.

News
16 January 2017

Mexico picks head of North American Development Bank as new ambassador to the US

Geronimo Gutierrez Fernandez, managing director of the North American Development Bank, is Mexico's new ambassador to the US. He faces the daunting task of...

News
16 January 2017

Deutsche Bank, HSBC part of new Digital Trade Chain group

Seven banks - Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UniCredit - are uniting to form Digital Trade Chain, a blockchain-based trade finance...

News
16 January 2017

Blockchain in 2017: From proof to pilot

What will 2017 hold for blockchain? Predictions include 2017 being the "year of the pilot" as it moves from a proof-of concept technology to production -...

News
16 January 2017

Portugal's COSEC backs Angolan road project

Portuguese export credit agency COSEC has guaranteed a €178 million project deal awarded to the Angolan subsidiary of Portuguese construction group Mota-Engil to...

News
16 January 2017

JBIC agrees buyer's credit for ship exports to TCC

The Japan Bank for International Cooperation (JBIC) has signed two buyer's credit agreements with two Singaporean subsidiaries of Hong Kong-based shipping group Tai...