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News
24 June 2025

UK payment defaults fall amid signs of Atradius recovery

UK trading credit insurance giant Atradius has reported a 1% year-on-year decrease in payment defaults across all sectors, covering the period from May 2024 to May...

News
24 June 2025

Oman’s insured non-oil exports reached $159m in Q1

Oman’s insured non-oil exports reached 61.2 million Omani rials ($159 million) in Q1 2025, marking a 6% increase from the same period last year, according to Credit...

News
24 June 2025
in
Metals and Mining

Nigeria backs $400m rare earths processing plant

Nigeria has announced its support for a $400 million investment aiming to construct Africa's largest rare earths processing plant. Hasetins Commodities, which is...

News
24 June 2025
in
Transport

Uzbekistan to buy 200 electric buses from China

Uzbekistan is considering the purchase of 200 electric buses from China, with further discussions underway to acquire an additional 1,000 buses.During a meeting between...

News
24 June 2025
in
Transport

Ukraine’s ECA eyes motor vehicle support

On 19 June 19, Ukraine’s Export Credit Agency (ECA) announced a tender for voluntary insurance of motor vehicles (CASCO), according to the state procurement system...

News
24 June 2025
in
Metals and Mining

Glencore demands government support to keep copper smelter open

Glencore has declared the Mount Isa copper smelter unsustainable and is seeking Australian government support to maintain operations. Activity at the Queensland site...

News
24 June 2025
in
Oil & gas

Petronas to boost LNG deliveries to Japan

Petronas has signed a Memorandum of Cooperation with the Japan Organisation for Metals and Energy Security (JOGMEC) to boost Japan's LNG supplies. Petronas LNG, a...

News
23 June 2025
in
Metals and Mining

Metinvest nears mandates for Italian green steel plant

Ukrainian steelmaker Metinvest is expected to mandate banks and an ECA to support the financing backing construction of a new green steel project in Italy by year-end....

News
23 June 2025
in
Power, Renewables

Amprion granted planning for BalWind grid connections

Amprion has secured planning approval to start construction on the BalWin1 and BalWin2 offshore grid connections in the German North Sea.The approved section covers 34km...

News
23 June 2025
in
Oil & gas

Financings for Rio Grande LNG Trains 4 and 5 underway

Project financings for Trains 4 and 5 of the Rio Grande LNG project in Texas are underway and are expected to close later this year. Sponsored by NextDecade, the project...

News
23 June 2025

New head of TF product management APAC for ING

Ashish Kohli has moved to ING to become head of trade finance product management APAC. He joins from Standard Chartered, where he had spent more than 16 years in a...

News
23 June 2025
in
Waste and water

EDC hit by £350m loss on loans to Thames Water

Canada’s state-backed export agency has lost about £350 million on loans to Thames Water, the crisis-stricken UK utility that is teetering on the verge of...

News
23 June 2025
in
Infrastructure

CDP and SACE back Africa Finance Corporation

Africa Finance Corporation (AFC) has secured a €250 million ($286 million) 10-year loan from Cassa Depositi e Prestiti (CDP), the Italian Financial Institution for...

News
23 June 2025

China adds six financiers to yuan payments system

China has added more financial institutions from Africa, the Gulf, and Central Asia to its cross-border yuan payment system, a bold move to strengthen the global role of...

News
23 June 2025
in
Other

Philippines explore Sweden’s export credit mechanism

Philippines’s Department of Finance (DOF) is exploring how the country can tap Sweden’s export credit systems to support its defence sector. DOF conduct a...

News
23 June 2025
in
Telecoms and Communications

Uzbekistan, Chexim sign agreement for telco projects

On 21 June, the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov, held talks with Cheng Huaiyu, Chairman of the Export-Import Bank...

News
23 June 2025
in
Metals and Mining

Critical Metals secures funding from US Ex-Im

New York-based  Critical Metals has secured a $120 million loan from the Export-Import Bank of the United States (US Ex-Im) to support the development of the...

News
23 June 2025
in
Metals and Mining

Chevron to enter lithium market with land acquisitions

Chevron has signed two deals to acquire 125,000 net acres in Texas and Arkansas as it prepares to enter the lithium extraction industry. The Smackover Formation is a...

News
23 June 2025
in
Agri/Soft Commodities

Wilmar secures full control of PZ Wilmar for $70m

Wilmar International has acquired full control of PZ Wilmar for $70 million. Completion is expected in Q4 2025. PZ Cussons previously held a 50% stake in the Nigerian...

News
23 June 2025
in
Metals and Mining

LME imposes new rules forcing traders to reduce large positions

The London Metal Exchange has imposed new rules that will force traders to unwind large positions in the wake of new entrants to the industry. Any trader with a...