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...
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...
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...
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...
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...
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...
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,...
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...
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...
Warehouse receipt finance is spreading fast, giving smaller traders and bigger farmers or cooperatives the chance to tap finance immediately while they protect their...
Development finance institutions (DFIs) have of course always led the charge in sweetening deals in emerging markets – using their own liquidity, quasi-sovereign rating...
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...
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...
VTB Factoring and Gazprom Energoholding have completed a factoring transaction worth RUB13 billion ($366.2 million). The arrangement is believed to be the largest...
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...
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...
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...
Gazprom Export has appointed Elena Burmistrova as its new director general. Burmistrova started her career at Glencore International (Switzerland) in 1992, then worked...
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,...
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...
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...