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05 October 2016

NIB: Strong demand for long-term financing

The Nordic Investment Bank's financial results show demand for long-term financing in the first eight months of the year prompted faster growth in the bank's...

05 October 2016

Thailand Exim set to open new offices abroad

The Export-Import Bank of Thailand (Thailand Exim) is to open offices in Cambodia, Laos, Myanmar and Vietnam this year and in 2017. The bases will serve loan demand...

05 October 2016

Wind Power restructures loan with lenders and ECAs

Ukraine's DTEK Renewables subsidiary Wind Power has restructured its loans - guaranteed by export credit agencies EKF, Euler Hermes and KUKE - for the construction...

05 October 2016

Finland's Valmet takes on GTC technology

GlobalTrade Corporation (GTC) says Finland's Valmet - a tech group for the pulp, paper and energy industries - has chosen its technology to manage guarantees and...

04 October 2016

Brexit and digital divide curtail export growth for UK SMEs

According to a report by WorldFirst and an SME funding roundtable hosted by Western Union, digital infrastructure development and government cooperation, among other...

04 October 2016

EIB helps fund ECA-backed Belgian wind farm

The European Investment Bank (EIB) and a consortium of banks and companies are financing the €1.1 billion Rentel offshore wind farm in Belgian waters. One EIB...

04 October 2016

Glencore offers to buy back $1.25bn bonds to cut debt

Swiss-based commodity giant Glencore has offered to buy back up to $1.25 billion of bonds in a bid to cut debt. It wants to buy back notes due in 2018 and 2019.

04 October 2016

CDB lends South Africa's Eskom $500m

The China Development Bank (CDB) has agreed a $500 million loan to Eskom, the South African electricity power firm. The money will go towards Eskom's capital...

04 October 2016

NEXI backs loan to Danish shipper J Lauritzen

Japan's Nippon Export and Investment Insurance (NEXI) is backing a ¥15.5 billion loan from MUFG and Societe Generale to Danish shipper J Lauritzen to buy six...

04 October 2016

Cdp Group integrates SACE and Simest

Italy's Simest has transferred 76% of its shares to fellow Cdp Group export credit agency SACE. Cdp Group plans to earmark €63 billion to support Italian...

04 October 2016

NBP launches centre to help trade finance business

The National Bank of Pakistan (NBP) has launched a centralised Trade Processing Centre in Karachi to support its trade finance business. It will help exporters and...

04 October 2016

Sinosure debt stalls Zimbabwe thermal power plant project

Zimbabwe's $7.2 million debt to the China Export and Credit Insurance Corporation (Sinosure) has stalled funding for the expansion of Hwange Thermal Power Station,...

04 October 2016

EIB to open first Irish office and increase exposure

The European Investment Bank (EIB) is to open its first Irish office later this year. EIB exposure to Ireland is below the European average but the bank said it...

04 October 2016

Paperless trade treaty promises billons to Asia-Pacific

A global treaty to promote cross-border paperless trade in the Asia-Pacific region has been launched. Exports could rise by $257 billion annually with region-wide...

04 October 2016

US Ex-Im and PTA Bank seal MoU to boost exports

The Export-Import Bank of the United States (US Ex-Im) and Africa's PTA Bank have signed a memorandum of understanding (MoU) to boost exports between America and...

04 October 2016

BNDES to boost green funding and cut loans for fossil fuels

BNDES, Brazil's development bank, will focus on clean energy while cutting support for fossil fuels as the country's economic slump limits its resources.

04 October 2016

Dominic Capolongo joins PrimeRevenue

PrimeRevenue, a US-headquartered working capital finance solutions group, has hired Dominic Capolongo as executive vice-president and head of global funding. He joins...

04 October 2016

Automated payments systems in high demand for UK businesses

Almost 50% of UK exporters and importers expect to use global payments more this year than in 2015, according to AFEX. About 17% plan to deploy automated systems to...

03 October 2016
in
Power, Renewables, Transport

Kexim wades into Africa infra scramble with Ghana power deal

Kexim last week provided a loan to finance the Prestea-Kumasi power enhancement project in Ghana as South Korea looks to compete with China and Japan for African...

03 October 2016

The dos and don’ts of African toll road financing

The number of abandoned African toll road projects far outweighs the successful ones. Have development finance lenders worked out how to make financing them work?