Development of the $43 billion Southern Gas Corridor has been dogged by concerns over Azerbaijan’s creditworthiness, politics and even ancient olive groves. But the DFI,...

The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan in Ukraine to OTP Leasing to support SMEs and boost domestic leasing.

Three consortia have responded to a request for proposals for the 40-year concession to operate the Westchester County Airport that is located 33 miles north of...

The 1GW gas-fired Hickory Run Power Development project in Pennsylvania owned by ITOCHU subsidiary Tyr Energy, KEPCO and Siemens, will receive the loans as part of the...

SWIFT has announced it will provide US banks with the option to connect to the clearing house’s real-time payments (RTP) platform.

The state energy agency Alaskan Energy Authority has decided to proceed with a $46 million expansion of the 120MW hydro facility known as the Battle Creek Diversion...

US-based Century Aluminium and Glencore are believed to be circling Rio Tinto’s Pacific Aluminium business, which is up for sale through Deutsche Bank for...

The expansion of the electricity distrubtion network planned by the state-owned utility Electricidad de Mocambique (EDM) envisages universal access to electricity in...

In the latest edition of law firm Sullivan and Worcester’s Trade Financing Breakfast Seminars, partner Simon Cook discusses how Bills of Exchanges are promissory notes...

Nigerian conglomerate Dangote and New York-based private equity group Black Rhino developing the 100MW capacity solar facility near Zakirai, in Gabasawa local government...

Ten law firms and four legal institutions have joined the Enterprise Ethereum Alliance's Legal Industry Working Group and will work to ensure that blockchain-based...

The week that was

Vedanta Resources is out to syndication with a $300 million eight-year loan (average life five to six years) to support its Black Mountain Mining project in the Northern...

ABN Amro has submitted emails that to a US bankruptcy court that link a number of Transmar executives with an alleged fraud over unpaid loans. The bank is agent for a...

Ukrainian sunflower seed and oil exporter Kernel is back in the market for a pre-export financing (PXF), with improved pricing and tenor key to its discussions. The...

Wisconsin energy wholesaler WPPI Energy has a agreed a 20-year arrangement for the total output of the project located in Henry County in northwestern Illinois, being...

Oliver Faak, global head of shipping and aircraft at NordLB has departed the bank. Faak’s role is now to be divided between separate global heads for each of the...

On 17 August 2017 South African president Jacob Zuma will launch the African Regional Centre of the New Development Bank (NDB) in a bid to to allow countries in the...

The Nigerian National Petroleum Corporation (NNPC) has received the funding boost for the Ajaokuta-Abuja-Kaduna-Kano gas pipeline project following the recent $1.7...

The Dubai-based DP World and the General Authority for the Suez Canal Economic Zone have set up a joint venture company to develop a dedicated...