Iran is set to join the New Development Bank - formerly known as BRICS - in a bid to increase ties with members Brazil, Russia, India, China and South Africa. Tehran...

The US has crafted a deal with Japan to restrict financing for overseas coal projects. The agreement, which could curtail 80% of projects in the export credit agency...

The European Commission is reviewing whether Swiss-based commodity trader Trafigura's 20% stake in Nyrstar gives it "de facto" control of Europe's...

African Potash has sealed a deal with Ecobank Malawi to boost its fertiliser trading plans. The agreement effectively means that payments from offtakers to the company...

The Inter-American Development Bank has closed a $117.5 million A/B loan to International Container Terminal Services to help improve Mexico's largest port,...

The US House of Representatives has voted 313-118 in favour of renewing the US Export-Import Bank - but its future is still undecided. The Senate has yet to approve...

Singapore-based agri-trader Olam International has secured $1 billion in funding to refinance existing debt. The deal comprises an $850 million 364-day revolving...

Africa-focused commodity financing specialist Scipion Capital has hired three senior staff to boost its legal, operations and corporate governance teams. David Butler,...

The European Investment Bank (EIB) is partnering with Northstar Europe and export credit agency Office du Ducroire Luxembourg (ODL) in the first ever EIB facility to...

Kenya’s plans to buy electricity from Ethiopia have reached a critical stage, with the expected signing of a $231 million agreement to start construction of...

Midstates Petroleum Company has announced that as a result of its lenders’ semi-annual review, the borrowing base under its revolving credit facility has been...

China has made a formal request to become a member of the European Bank for Reconstruction and Development, a move that, if completed, would add to ever-closer ties...

The Bermuda-registered GasLog, which owns, operates and manages liquefied natural gas carriers, has completed an export credit agency-backed debt financing of $1.3...

An export credit financing agreement totalling ¥69.24 billion ($563.2 million) has been signed by international banks and Japanese agencies to fund the importation and...

The Multilateral Investment Guarantee Agency (MIGA) is to provide financial guarantees to a Seven Energy International subsidiary in Nigeria against the risk of...

The European Investment Bank (EIB) has signed its first ever facility to provide buyer credit financing for European SMEs and Midcap exports. The EIB teamed up with...

Trade between Russia and Belarus has been boosted after the Russian development institution Vnesheconombank and OJSC Development Bank of the Republic of Belarus sealed...

US-based Matador Resources Company has amended its revolving credit facility to extend the maturity date from December 2016 to October 2020. Matador's lenders...

The Nairobi-based African Trade Insurance Agency (ATI) has been cleared for membership of the Economic Community of West African States. The ATI has so far advanced...

Japanese trading firm Marubeni Corp and its four partners will build a $2 billion coal-fired power plant in Indonesia in a project set to be financed by export credit...