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News
12 December 2016

Moody's: General capital increase supports Afrexim's Baa2 rating

African Export-Import Bank's (Afreximbank) Baa2 rating and stable outlook are supported by its recently completed general capital increase, which raised around...

News
12 December 2016

Olam under fire over Africa deforestation

Olam, one of the world’s biggest traders of agricultural commodities, has been accused of endangering the forest habitats of African wildlife including gorillas,...

News
12 December 2016

Glencore, QIA conclude deals to form consortium to buy Rosneft stake

Glencore announced Monday that its consortium with the Qatar Investment Authority (QIA) has concluded various agreements which provide for the establishment of a 50:50...

Perspective
09 December 2016

India Exim boosts Ghana's infra push amid election race

Last month, India Exim provided loans to finance the construction of a railway line, sugarcane development, and irrigation system in Ghana.The deal closed in the run up...

Perspective
09 December 2016

IBM and Mahindra aim to evolve Indian supply chain with blockchain solution

IBM and Indian conglomerate Mahindra Group announced this month their new partnership in developing a blockchain prototype to aid Mahindra’s supply chain, a first for a...

News
09 December 2016

Rabobank and Atradius reveal successes of Black Swamp wind project

Earlier this year, Rabobank project finance and Atradius Dutch State Business financed the Black Swamp onshore wind project in Finland. But the success has not stopped...

News
09 December 2016

Developers sign multi-billion dollar MoAs for Nigerian infra projects

Chongqing Construction Engineering Group, Tianjin Energy Resources, and Alpha Group signed eight memorandum of agreements (MoAs) today in Abuja for...

News
09 December 2016

ADB supports $1 bn in loans to expand Azerbaijan gas field

The Asian Development Bank (ADB) will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II, one of the world’s...

News
09 December 2016

UKEF cover Biwater contract with Kurdistan regional government

UKEF will provide a $34.8 million loan under its direct lending facility to the Kurdistan Regional Government to finance a contract with UK water engineering company...

News
09 December 2016

EBRD partners with QNB Alahli to support Egyptian SMEs

The European Bank for Reconstruction and Development (EBRD) is partnering with QNB Alahli, one of Egypt’s largest commercial banks, to support small and...

News
09 December 2016

Standard Chartered appoints global head of financial markets

Standard Chartered annnounced the appointment of Roberto Hoornweg as global head of financial markets today. Based in Singapore, Roberto will report to Simon Cooper, CEO...

Perspective
08 December 2016

Back to business as usual for Glencore

Following a tough 2015 which saw the share price of commodity trader Glencore drop dramatically, signs of improvement have been evident in 2016. The resumption of...

Perspective
08 December 2016

Afrexim seals record pricing on syndi loan as lender confidence grows

The African Export-Import Bank has secured an oversubscribed syndicated term loan with record-low pricing. Afrexim’s recent dealings with China has boosted the bank’s...

Perspective
08 December 2016

Can UK exporters fill UKEF's new £5bn country limit?

In light of the Autumn Statement, UK Export Finance will double country limits to £5 billion. But the question is whether the UK actually has enough exporters to fill the...

News
08 December 2016

Glencore and Qatar buy $11bn stake in Russia's Rosneft

Commodity giant Glencore and Qatar's sovereign wealth fund have bought an $11 billion stake in Rosneft, Russia's largest oil producer. The sale gives the buyers a...

News
08 December 2016

US Ex-Im: Congress fails to restore full lending power

A US Congress spending deal on the Export-Import Bank of the United States (US Ex-Im) contained a number of provisions - but did not restore it to full lending power,...

News
08 December 2016

ECAs to back Mozambique LNG projects

Export credit agencies, including Export-Import Bank of Korea, France's Coface, Italy's SACE, and Export-Import Bank of China are to offer guarantees for two...

News
08 December 2016

Tokio Marine Kiln hires Burke to trade credit and political risk team

Gary Burke has joined insurer Tokio Marine Kiln at its special risks division in London. Burke, a former senior underwriter at AIG, will focus on trade credit and...

News
08 December 2016

JBIC funds agricultural group's Russian plant factory

The Japan Bank for International Cooperation (JBIC) is to part-fund a $20 million project by agricultural group Hokkaido Corporation to built a plant factory in Yakutsk,...

News
08 December 2016

Pakistan Exim up and running by June 2017

Pakistan's export-import bank (Pakistan Exim) will be up and running before June 2017, the government claimed. The board of directors is now in place and the State...