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17 January 2017

Global trade lawyer Chiara Klaui joins Akin Gump in London

International trade lawyer Chiara Klaui has joined Akin Gump Strauss Hauer & Feld as counsel in London. She joins from Baker McKenzie in Amsterdam and has extensive...

17 January 2017

Financial services must transform for future value

The digitised world presents financial services with a transformation challenge, according to global management consultancy Oliver Wyman. Digitising purely to boost...

16 January 2017

Full financial close on KalSel imminent

Financing for the project signed in November 2016, but full financial close was still subject to resolution of some of the conditions in the project’s power purchase...

16 January 2017

Sofitex raises $224 million for cotton exports

Sofitex, one of Burkina Faso’s largest cotton exporters, is expected to finalise €90 million ($95.4 million) in financing from international banks for the 2016/2017...

16 January 2017

A look at AIIB's first year in operation

The China-led Asian Infrastructure Investment Bank (AIIB) celebrates its first year of operations this week. Take a look at what it achieved in 2016, how it has been...

16 January 2017

Import-export office warns of global trade fraud

Vietnam's import-export department has warned businesses to be extra vigilant of fraud after a number of exporters recently lost hundreds of thousands of dollars.

16 January 2017

Mexico picks head of North American Development Bank as new ambassador to the US

Geronimo Gutierrez Fernandez, managing director of the North American Development Bank, is Mexico's new ambassador to the US. He faces the daunting task of...

16 January 2017

Deutsche Bank, HSBC part of new Digital Trade Chain group

Seven banks - Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UniCredit - are uniting to form Digital Trade Chain, a blockchain-based trade finance...

16 January 2017

Blockchain in 2017: From proof to pilot

What will 2017 hold for blockchain? Predictions include 2017 being the "year of the pilot" as it moves from a proof-of concept technology to production -...

16 January 2017

Portugal's COSEC backs Angolan road project

Portuguese export credit agency COSEC has guaranteed a €178 million project deal awarded to the Angolan subsidiary of Portuguese construction group Mota-Engil to...

16 January 2017

JBIC agrees buyer's credit for ship exports to TCC

The Japan Bank for International Cooperation (JBIC) has signed two buyer's credit agreements with two Singaporean subsidiaries of Hong Kong-based shipping group Tai...

16 January 2017

Barack Obama lifts sanctions on Sudan

Outgoing US president Barack Obama has lifted some trade and economic sanctions against Sudan. The US Department of the Treasury authorised Americans to do business in...

13 January 2017

Cents and sensibility: When will US Ex-Im be allowed to do its job properly?

The volume of US Ex-Im export and job support plummeted again in 2016. But against all the political odds the battered ECA still made a profit for the US Treasury –...

13 January 2017

Euronav seals oversubscribed RCF despite tanker industry slump

Belgium-based oil tanker company Euronav has secured competitive pricing on its latest revolving credit. The deal was oversubscribed and pulled commitments from 10 banks....

13 January 2017

Greece seeks collateral from Croatia's HBOR

HBOR, Croatia's development bank, is facing legal action from Greece after Croatian shipyard Montmontaza Greben allegedly defaulted on its contract. HBOR provided the...

13 January 2017

Clifford Chance strengthens Middle East Africa focus

Law firm Clifford Chance is responding to demand for more Africa-focused expertise from clients in the Middle East by strengthening its presence in the region. Edmund...

13 January 2017

9 things to know about proposed Development Bank of Nigeria

The proposed Development Bank of Nigeria was conceived in 2014 but its launch has been fraught with delays. Here are nine things to know about the bank, including how...

13 January 2017

VEB issues loans for metro projects

Russia's Vnesheconombank (VEB) has opened loans for the first two projects financed using the assets of the National Wealth Fund. The projects are the modernisation...

13 January 2017

Spain's Cesce to help finance Peru refinery upgrade

Spanish export credit agency Cesce is set to agree a financing deal for Peru's state energy company Petroperu as part of a $3 billion project to upgrade its Talara...

13 January 2017

Ince & Co opens Marseille office with double partner hire

Global law firm Ince & Co has opened an office in Marseille and hired two partners, Fabien d'Haussy and Laurianne Ribes, who specialise in shipping and transport.