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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...

04 July 2014

African banks on the rise

African banks are taking the lead in financing the continent’s farmers, traders and soft commodities. With more local money in the system, they are also reaching further...

04 July 2014

Pacific International turns to Bolero for eBL

Singaporean shipping company Pacific International Lines has utilised Bolero’s cloud platform technology for an electronic bill of lading (eBL) as part of a BHP Billiton...

03 July 2014

VTB Factoring arranges record factor transaction

VTB Factoring and Gazprom Energoholding have completed a factoring transaction worth RUB13 billion ($366.2 million). The arrangement is believed to be the largest...

03 July 2014

MIGA provides guarantees for investments in Cameroon power sector

The Multilateral Investment Guarantee Agency (MIGA) the political risk insurance and credit enhancement arm of the World Bank Group has agreed to support three power...

03 July 2014

ICC Trade Finance Survey points to decelerating and uneven global growth

Global trade grew by 3.1% in 2013, in line with world GDP, although improvements across the globe were uneven and bore signs of deceleration, according to the latest data...

02 July 2014

Saudi’s Maaden signs phosphate mine financing

Ma’aden Wa’ad Al-Shamal Phosphate Company (MWSPC), an affiliate of the Saudi Arabian Mining Company (Maaden) has signed loan facilities for a total of SR18.9 billion ($5...

02 July 2014

Gazprom Export appoints new director general

Gazprom Export has appointed Elena Burmistrova as its new director general. Burmistrova started her career at Glencore International (Switzerland) in 1992, then worked...

01 July 2014

KfW IPEX arranges financing for Quebec wind farms

KfW IPEX-Bank has arranged a total of C$206.8 million ($194.5 million) through two loan packages to finance the Témiscouata I and Témiscouata II wind farms in Québec,...

01 July 2014

Ghana’s Cocobod sets the standard

Now in its 21st year, the annual pre-export financing of Ghana’s cocoa harvest is an example of how African agriculture really can attract big international banks – and...

01 July 2014

Back to BASIX

India’s microfinance industry has been through the mill in recent years. One microfinance institution (MFI) that has also faced its share of problems – but has weathered...