Puma Energy will increase its sub-Saharan African fuel-storage capacity to meet rising demand. The fuel supplier, whose largest shareholder is Trafigura, will add 350...

Polish refiner PKN Orlen is set to take its first delivery of crude from Saudi Arabia - a shipment which could mark the start of a new trade relationship. The delivery...

Goldman Sachs has hired traders from Glencore and hedge fund Moore Capital Management as the bank seeks to rebuild its bulk commodities team following a string of...

In spite of the industry-wide push to attract investors to trade finance in recent years, risk distribution in the market has slumped in 2015 as waning flows have seen...

Britain's role in the internationalisation of the renminbi is crucial, experts said. The total trade finance in the Chinese currency through London more than...

Ghana's cocoa crop may be smaller than forecast amid the driest third quarter in 35 years, according to agricultural producer and trader Olam International. The...

The world's largest oil traders have a gloomy outlook on the crude price - which they expect to drop below $60 a barrel. Record-high production plus a fall in...

The efforts of Swiss-based commodity trader Glencore to turn around its share price will hit its ability to do deals on coal assets, it was claimed. And the...

Japanese businesses hope to secure orders for Central Asia natural gas and power facilities when prime minister Shinzo Abe visits the region. The Japan Bank for...

The International Chamber of Commerce (ICC) and IE Singapore have collaborated to launch the ICC Academy, which aims to provide “rigorous and relevant” business education...

Vitol Group, the world’s largest oil trader, is in talks to buy a stake in Pakistan-based fuel retailer and storage provider Hascol Petroleum. The companies are...

Crédit Agricole, the big French bank suspected of transferring billions of dollars on behalf of Iran and other countries, has agreed to pay $787 million to...

Swiss commodity house Trafigura is racking up record oil trading volumes as it taps into pricevolatility but warns that merchants have to be more vigilant in the face...

Satellite operator Azercosmos of Azerbaijan has contracted Space Systems/Loral (SSL) to build the Azerspace-2 telecommunications satellite, with the deal supported by...

Noble Group has been warned by Moody's that a new borrowing facility trumpeted by the commodities trader may pose an additional threat to its investment grade...

At the end of September, US multinational General Electric signed a cooperation agreement with Britain’s export credit agency, UK Export Finance. The MoU could oversee up...

Zimbabwe will access approximately $1 billion of infrastructure development funding from the African Trade Insurance Agency (ATI) if the country pays its $15 million...

Ecobank Nigeria has secured a $75 million syndicated subordinated term facility (Tier 2) from a Dutch development bank FMO and $50million trade financing line from the...

The African Development Bank (AfDB) has provided a $15 million trade finance facility to UniBank Ghana to enhance its capacity to finance small and medium-sized...

Italy’s export credit agency, SACE, has signed two agreements with the United Arab Emirates for project development in the Emirates – and coupled with this is an umbrella...