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10 October 2018

Private participation in infrastructure rises - but with a caveat

The World Bank Group has released its latest database tracking private participation in infrastructure (PPI) projects in low- and middle-income countries. Figures...

10 October 2018

Private participation in infrastructure rises - but with a caveat

The World Bank Group has released its latest database tracking private participation in infrastructure (PPI) projects in low- and middle-income countries. Figures...

10 October 2018
in
Transport

CDB Aviation closes secured portfolio financing facility for $700m

CDB Aviation - a wholly owned Irish subsidiary of China Development Bank Financial Leasing - has successfully closed a secured portfolio financing facility for $700...

10 October 2018

TriumphPay, Intelligent Audit announce SCF-transportation partnership

US companies TriumphPay, which is a provider of carrier payment, factor management, supply chain finance solutions, and Intelligent Audit, a freight audit, business...

10 October 2018
in
Oil & gas

Neptune Energy hires Shell's Odin Estensen as MD

Global oil firm Neptune Energy has brought in a new managing director for Norway from oil giant Shell. Odin Estensen will join Neptune from Norske Shell, where he's...

10 October 2018

WTO, IFC, IMF and banks unite to boost financial inclusion in trade

The World Trade Organisation has joined forces with the International Finance Corporation, regional development banks, and the IMF in a bid to boost financial inclusion...

10 October 2018
in
Transport

JICA agrees loan to help finance new Bohol Airport in the Philippines

The Japan International Cooperation Agency (JICA) signed a JPY4.376 billion loan agreement with the Philippines to finance the New Bohol Airport Construction and...

10 October 2018

BExA issues Brexit warning over UK-EU trade relations

The British Exporters Association (BExA), in its 9th Annual benchmarking of UK Export Finance, has issued a stark warning that Brexit continues to cast a shadow...

10 October 2018

ADB hires Masayuki Tachiiri as Pacific Islands director

The Asian Development Bank has appointed Masayuki Tachiiri as its regional director of the Pacific Subregional Office in Suva. The office serves as the...

10 October 2018

Trafigura raises RMB700m through 3rd tranche of Panda Bond programme

Trafigura Group Pte has announced the successful issuing of a 700 million renminbi-denominated bond issued in China's mainland debt market (Panda Bond). This third...

10 October 2018

US drives through to reach trade and investment positives

With the new trade agreement between the US and Canada, a revised NAFTA, and the passing of the BUILD Act in the US, Jonathan Bell asks if we are finally beginning to see...

09 October 2018

Vitol signs $9.4bn RCF

Vitol has signed a $9.4 billion revolving credit facility comprising a $785 million 364-day loan and $8.615 billion three-year revolving credit. Signed on 3 October,...

09 October 2018
in
Oil & gas

Eni to buy half of BP's Libya oil and gas assets

Italy's Eni has agreed to buy half of BP's 85% stake in a Libyan oil and gas licence with the aim of resuming exploration next year. Eni will acquire the 42.5%...

09 October 2018
in
Metals and Mining

Vale board set to approve $1bn Salobo copper mine expansion

The board of Brazil's Vale is close to approving a $1 billion expansion of its Salobo copper mine, sources said, as the world's top iron ore miner seeks to...

09 October 2018
in
Metals and Mining

Trafigura agrees deal with IFM Global to invest in Impala unit

Commodity trader Trafigura Group Pte has entered into an agreement for IFM Global Infrastructure Fund to invest in Trafigura’s subsidiary Impala...

09 October 2018
in
Oil & gas

IEA urges OPEC to open the taps as oil market enters ‘red zone’

The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output, warning that prices are inflicting damage on the global...

09 October 2018
in
Power, Renewables

GE to sell $2.6bn project finance debt business to Starwood

GE Capital has agreed to sell its GE Energy Financial Services’ Project Finance Debt Business to Starwood Property Trust, Inc for approximately $2.6 billion....

09 October 2018
in
Power, Renewables

BIG raises £150m for UK biomass investments

The Bioenergy Infrastructure Group (BIG) has raised £150 million to invest in new biomass and waste-to-energy assets in the UK. Contributions were made by...

09 October 2018
in
Oil & gas

DEFA releases details on Cyprus LNG Import Terminal project

Cyprus' national gas company DEFA has published details of its plans for a FSRU to be located in Vasilikos harbour, ahead of issuing a request for...

09 October 2018

KfW IPEX finances dairy plant in Ireland for Norway's TINE SA

Germany's KfW IPEX-Bank is financing the construction of a new plant in Ireland for the Norwegian dairy cooperative TINE SA with a €50 million loan. The new...