Trade between Kenya and Ethiopia is expected to be boosted by the completion of a one-stop border post in May. The project, funded by the African Development Bank...

The Commonwealth Bank of Australia has shut its five-person project advisory team amid falling demand for its services. The team's members are being allocated to...

The borrowing bases for 45 speculative-grade oil and natural gas producers will fall by an average of 20% to 30% when banks take a fresh look in April, according to...

India has taken over the chairmanship of the New Development Bank (NDB) for the next 11 months. The country's prime minister, Narendra Modi, has proposed ten...

America-headquartered agribusiness Bunge has warned that 2016 will be a challenging year because of slumping US farm exports and processing margins. Chief executive...

Intix, a Belgium-based provider of software solutions for the financial industry, has appointed Andre Casterman to its management team. Casterman, the former global head...

International law firm Holman Fenwick Willan (HFW) has taken on Hugues de La Forge as a projects partner at its Paris office. He was previously a partner at Jeantet in...

In a wide-ranging interview, Citi’s global head of trade, John Ahearn, talks to TXF’s Hesham Zakai about challenging pricing in the market; why 2015 was the riskiest year...

Vietnam's state-owned National Power Transmission Corporation (NPT) has signed a $200 million loan facility for a coal-fired power plant, backed by Japanese export credit...

The International Finance Corporation (IFC) is teaming up with Japan's Sumitomo Mitsui Banking Corporation (SMBC) to set up a $1 billion trade financing facility. The...

Trade finance in the United Arab Emirates (UAE) and Middle East is growing, but faces challenges relating to the economic slowdown, high cost of compliance, tightening...

South Korea is unlikely to get back $2.5 billion in outstanding loans and interest payments it provided North Korea as relations between the two nations freeze. Almost...

Three liquefied natural gas (LNG) traders at Hong Kong-based Noble Group are leaving to join Swiss-headquartered Glencore, sources familiar with the matter told...

The Export-Import Bank of India (India Ex-Im) has signed a $150 million financing deal with Iran's development bank for industries and mining to upgrade the...

Amsterdam-based ABN AMRO has hired Marie de Graaf as head of renewable energy as part of the bank's energy, commodities and transportation clients business. She...

Louis Taylor, the chief executive of UK Export Finance (UKEF), says no export should fail for lack of finance or insurance from the private sector. He tells Business...

Swiss-based Allied World Assurance Company has announced that its suite of trade credit and political risk insurance products are available in Canada. The coverage...

As oil prices reached 12-year lows with wide-ranging consequences for the petroleum industry, Lundin Petroleum (Lundin) sealed the largest-ever reserve-based lending deal...

In a new report just released, it asserts that banks and fintechs should collaborate rather than compete, as a strategy to overcome some of the challenges facing the...

French bank BNP Paribas has shut down its reserve-based lending business in Houston after 13-year-low oil prices stoked concerns of rising loan defaults among...