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News
22 February 2016

Afreximbank provides $15bn in annual financing

The African Export-Import Bank (Afreximbank) originates and distributes more than $15 billion to businesses on the continent to support trade, its president Dr...

News
22 February 2016

UKEF backs boatbuilder in export deal to Germany

UK boatbuilder Blyth Workcats has won a deal to supply a catamaran to a German university after being backed by UK Export Finance (UKEF), the country's export...

News
22 February 2016

Jamaica Ex-Im urges SMEs to use trade credit insurance scheme

The Export-Import Bank of Jamaica (Jamaica Ex-Im) has urged small and medium-sized enterprises (SMEs) to use its trade credit insurance scheme in order to expand to...

News
22 February 2016

Kexim: South Korean exports to drop for another year

South Korea's exports are expected to decline for the second consecutive year in 2016, according to a report by the Export-Import Bank of Korea (Kexim). A drop in...

News
22 February 2016

Insurer XL Catlin boosts trade credit team in Singapore

Global insurance group XL Catlin has appointed a new underwriter, Lim Mei Yean, to its political risk and trade credit team in Singapore. She has more than 13 years of...

Perspective
19 February 2016
in
Oil & gas

Reserve-based lending feels the squeeze from low oil prices

Low oil prices prompted BNP Paribas last week to “halt” any new US reserve-based lending (RBL) from its Houston office. Sources state other lenders will continue to offer...

News
19 February 2016

Afreximbank agrees $500m Egyptian import facility

The African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE) have agreed a $500-million facility to help Egyptian importers alleviate temporary...

Perspective
19 February 2016

A fishy business: global trade’s unreported $2 trillion

Equant Analytics has calculated that global trade is $2.1 trillion higher than the World Trade Organisation's (WTO) official figures. TXF speaks with Equant's co-founders...

News
19 February 2016

Currency depreciation has robbed Africa of any low oil price benefits

Africa has not benefited from the low crude oil price because of currency deterioration in most countries on the continent, says Indeni Petroleum Refinery Board...

News
19 February 2016

TradeRocket CEO says smaller firms need better supplier finance products

Jim Ecksteinm the CEO of supply chain platform TradeRocket that focuses on mid-market firms, says smaller firms deserve better support for supplier...

Perspective
18 February 2016

TPP: A treasure trove for trade financiers

Earlier this month, one of the largest multinational trade-liberalisation agreements in history, the Trans-Pacific Partnership (TPP), was signed by its 12 member states...

News
18 February 2016

Traders set to speak at Singapore Conference

Senior representatives from Olam, Ocean Partners, and Noble Group will be speaking at TXF Singapore 2016. The conference will be held between Feb 23 - Feb 24, 2016...

News
18 February 2016

SMEs optimistic over growth in exports, says Finnvera

Small and medium-sized enterprises (SMEs) are looking for growth on the international market and export volume is expected to rise within the next year, according to a...

News
18 February 2016

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...

News
18 February 2016

Iranian banks reconnected to SWIFT network

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...

News
18 February 2016

Argentina scraps mining export taxes

Argentina's new president, Mauricio Macri, has revoked the 5% tax which the previous administration collected on mining exports. The country produces aluminum,...

News
18 February 2016

Italian ECA SACE opens office in Dubai

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...

Perspective
18 February 2016

What can EDC’s SME programme teach other ECAs?

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...

Perspective
17 February 2016

Japan diversifies energy sources with US LNG investment

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...

Perspective
17 February 2016

‘Disappointing’ trade figures cast doubt on UK export strategy

Despite offering new products and services to exporters, the British government is struggling to combat the country’s record £125 billion trade gap.