Agriculture forms the backbone of many economies in the Pacific Islands. Despite their geographic remoteness, a handful of islands are quietly building burgeoning export...

As of July, insurance company Markel Corporation will begin underwriting trade credit insurance in its New York office. Policies will be underwritten on an admitted...

Saudi Arabian telecommunications company Mobily has signed a $200 million (SR750 million) long-term vendor financing agreement with Canada’s export credit agency Export...

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, is to provide insurance for a loan...

Swiss-headquartered, energy trading company Mercuria Energy has signeda $2.65 billion revolving credit facility (RCF), with the oversubscription on the initial launch...

As the most extensive urban metro system in the Caribbean and only the second in existence, Santo Domingo’s Metro is an ambitious programme to modernise transport...

Finnish export credit agency (ECA), Finnvera, has announced that in future it will have better possibilities to participate in the export-related financing arrangements...

Russian aluminium producer Rusal reports that it has made significant progress in reaching full agreement with its creditor group over the terms of refinancing of its...

TXF talks to Kah Chye Tan, chairman of the ICC Banking Commission, on the results and meaning of the industry group’s latest trade finance default survey.

An aggressive ramping up of export credit activity by major ECAs and the increasing participation by non-OECD members in the financing space traditionally occupied by the...

Tony Elumelu is chairman of Nigeria-based investment company Heirs Holdings and conglomerate Transcorp. He is also founder of the Tony Elumelu Foundation, a philanthropic...

Finacity has acted as advisor to CreditCircle, a peer-to-peer loans specialist, in a loan origination programme recently closed between CreditCircle and a regional bank...

Sustainable horticultural production in Kenya has received a boost with new funding from development finance institution Proparco.

Japan’s largest trading company, Mitsubishi Corporation, has secured a $390 million direct loan from the Japan Bank for International Cooperation (JBIC) to partially...

German export credit agency KfW IPEX - Bank is providing finance for the supply of raw materials into Germany and the rest of Europe in the form of a $100 million loan...

Mizuho Bank and the Japan Bank for International Cooperation (JBIC) have combined to provide financing for the Rajamandala Hydro Power Plant Project in Indonesia.

Global risk adviser, insurance and reinsurance broker Willis Group Holdings has appointed veteran trade finance banker Bill Froggatt to lead a political and trade credit...

IFC is providing debt financing of up to $250 million to Ukrainian poultry producer Myronivsky Hliboproduct (MHP). The loan will be used to help the company expand its...

International Factors Group (IFG) has released its annual global industry activity report (GIAR).

Russian potash producer has signed a $450 million, unsecured club loan with five international banks.