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News
13 December 2016

ADB trims Asia's 2016 growth outlook

The Asian Development Bank (ADB) has cut the region's growth outlook for 2016 because of a slowdown in India. But economic growth remains broadly stable, it added.

News
13 December 2016

EKF agrees debt financing for Australian wind farm

EKF, the Danish export credit agency, is providing part of the debt financing for the 275MW Sapphire wind farm in New South Wales, Australia. Japan's Sumitomo Mitsui...

Perspective
12 December 2016

An open letter to Donald Trump - export to revitalise the US economy

International competition for contracts and projects in overseas markets is intense. As such, US exporting companies and contractors need the full support of an empowered...

Perspective
12 December 2016

ECAs fuel Mozambique LNG project amid IMF caution

ECAs are to offer guarantees for two LNG projects in Mozambique, as commercial lenders watch closely to see how talks progress between the government and the IMF before...

Perspective
12 December 2016

ELZ Finance: The EBRD and MIGA target bond guarantees

Credit enhancement on the Elazig hospital PPP financing shows how bonds could help emerging markets projects take off.

News
12 December 2016

Sace guarantees €400mn for Russia's Yamal LNG project

Italian export credit agency Sace has guaranteed a €400 million credit line issued by Intesa Sanpaolo earmarked for financing the construction of the Yamal LNG...

News
12 December 2016

US Ex-Im sets out furlough contingency plan

US Ex-Im Bank currently has 431 employees. Under this plan, in the event of a furlough, Ex-Im Bank expects to retain 21 employees, ie 4.9% per cent of Ex-Im Bank’s...

News
12 December 2016

Intesa, syndicate to provide €7bn for Rosneft deal

Italy's Intesa and a syndicate of banks are to provide Qatar and commodities trader Glencore with €7 billion of financing to buy a 19.5% stake in Rosneft, a...

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...