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11 July 2014

Afrexim and banks sign bridge facility for Abidjan port project

The African Export-Import Bank (Afreximbank), together with a syndicate of commercial banks, has arranged a €200 million ($271.9 million) syndicated bridge financing...

10 July 2014

Uruguayan wind farm gets direct US Ex-Im financing

The Export-Import Bank of the United States (US Ex-Im) is providing a $64.5 million direct loan to Astidey, in Montevideo, Uruguay, for the purchase of US-manufactured...

10 July 2014

ICC’s Global Survey: reading between the (credit) lines

TXF talks to Vincent O’Brien, chair of the International Chamber of Commerce (ICC) Banking Commission’s Market Intelligence Group on the ICC’s Global Survey 2014:...

09 July 2014

KfW IPEX arranges major export finance for Siemag equipment to US

KfW IPEX-Bank has signed a $794 million loan with ~Big River Steel^, a company based in Arkansas, US, for the development of a new sheet ste

09 July 2014

Syfaah system to be rolled out in LatAm and Africa

Haiti has found itself at the forefront of agricultural microfinance with an initiative that is shaking up misconceptions about the bankability of smallholder famers and...

09 July 2014

Protection for a price – crop insurance takes root

Despite having nearly 20% of the world’s cultivated land, Africa’s share of the global agricultural market measured by insurance premiums paid is smaller than 1%,...

09 July 2014

EBRD appoints Andras Simor as CFO

The European Bank for Reconstruction and Development (EBRD) has appointed Andras Simor as the new vice-president finance and chief financial officer (CFO). The...

08 July 2014

Livestock – more than a commodity

Value chains like livestock and dairy face a unique set of challenges, giving them a reputation as being higher risk than those for soft commodities like grains.

08 July 2014

StanChart appoints new head of trade, product management

Standard Chartered (StanChart) has appointed Michael Vrontamitis as head of trade, product management. He is based in Hong Kong and reports to George Nast, global head,...

08 July 2014

Croatian food producer secures EBRD-led A/B loan

Croatian food and pharmaceutical producer Podravka has secured a loan of €73.4 million ($99.9 million) through the European Bank for Reconstruction and Development and a...

08 July 2014

IADB appoints new CFO

The Inter-American Development Bank (IADB) has appointed Gustavo De Rosa as finance manager and chief financial officer (CFO). He will take up the position effective 1...

07 July 2014

Official launch of East Africa Exchange gives agri-trade a boost

In a landmark development for agri-trade in Eastern Africa, the commodity-focused East Africa Exchange (EAX) has been officially launched. The regional commodity exchange...

07 July 2014

KfW IPEX-Bank finances UK’s Crook Hill wind project

KfW IPEX-Bank is providing a loan of £56.5 million ($96.8 million) for the Crook Hill Wind Farm project, north of Rochdale in east Lancashire, UK. The bank is acting as...

07 July 2014

Agriculture gets its Act together

Governments in African, Caribbean and Pacific countries have a huge responsibility to support agriculture, which in many cases employs more than half the population and...

07 July 2014

Traders – the strongest link

The love affair between banks and traders is sometimes resented by producers, who struggle to access bank finance directly. But traders are the arteries and veins of...

07 July 2014

Launch of Frankfurt RMB clearing hub provides corporate boost

The establishment and launch of the eurozone’s first offshore clearing hub for renminbi (RMB) trade settlement is anticipated to be a major boost to European corporates,...

07 July 2014

An alternative future for British exporting

British export growth is still considered to be slow. But with government initiatives, the rise of alternative financiers and active efforts to support companies, this...

07 July 2014

Innovative thinking helps close credit data gap

One of the biggest challenges small farmers face when they try to access finance is that they are an unknown risk. More farmers in African, Caribbean and Pacific...

07 July 2014

Warehouse receipt finance comes of age

Warehouse receipt finance is spreading fast, giving smaller traders and bigger farmers or cooperatives the chance to tap finance immediately while they protect their...

06 July 2014

Funds fill gaps in the value chain

Development finance institutions (DFIs) have of course always led the charge in sweetening deals in emerging markets – using their own liquidity, quasi-sovereign rating...