ERC: connecting Ethiopia with a benchmark financing
BEST AFRICAN ECA FINANCE DEAL OF THE YEAR Ollie Gordon examines the details of ERC’s Awash-Weldia/Hara Gebeya Railway project in Ethiopia.
BEST AFRICAN ECA FINANCE DEAL OF THE YEAR Ollie Gordon examines the details of ERC’s Awash-Weldia/Hara Gebeya Railway project in Ethiopia.
BEST DFI DEAL OF THE YEAR Ollie Gordon discovers how agencies and banks worked together to develop the unique financing structure for the KIPP power plant financing in...
The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) are teaming up to support further expansion of Grupa Azoty, Poland’s...
Swiss commodity trader Trafigura has become a major exporter of Russian oil as sanctions have squeezed Kremlin-backed companies’ access to credit and led to a...
Commodity trading company Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group, has signed a $911.7 million syndicated revolving credit facility (RCF). The...
SWIFT’s RMB Tracker has shown that the value in weight of the RMB used for payments exchanged with China and Hong Kong within Asia Pacific increased by 327%...
A radically revamped form of insurance provides new and powerful solutions for project sponsors, financiers and public borrowers in search of 100%, 25-year, low risk...
Canadian export credit agency Export Development Canada (EDC) today announced a previously-disbursed $67.5 million in financing for Montreal’s Valeant...
Euler Hermes, the global trade credit insurer, has launched EH Fraud Cover - a new insurance product that covers the risk of company fraud. With expertise in...
Surecomp, the global provider of trade finance solutions for banks and corporations, has announced that Isbank AG, the European arm of Turkish bank Türkiye Is...
Mitsubishi Corporation (MC) and Tokyo Electric Power Company (TEPCO) are pleased to announce that a 25-year power and water purchase agreement (PWPA) has been reached...
Scotiabank has appointed Karl Klink as director trade finance sales to further strengthen its European global transaction banking (GTB) presence.
As with any given seven-day period in the modern age of news reportage, last week was chock-a-block full of current affairs shockers, geopolitical wranglings, cyclical...
State-owned Oman Oil Refineries and Petroleum Industries Co (ORPIC) has secured an OMR350 million ($910 million) syndicated corporate loan facility from local and...
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has appointed Nick King as head of UK and Ireland. He will join Equinox on 6 July 2015....
International Finance Corporation (IFC) and Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group have launched a $110 million risk-sharing...
Nokia Corporation (Nokia) has selected GlobalTrade Corporation’s (GTC) @GlobalTrade multi-bank trade finance platform for managing export documentary credits and bank...
The Export-Import Bank of the United States (US Ex-Im), along with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), is providing a $55...
Finacity Corporation (Finacity), the receivables finance company, has announced it has served as advisor – and will serve as ongoing reporting administrator – for a new...
OMV Petrom, the largest oil and gas producer in South-Eastern Europe, has signed a revolving credit facility (RCF) amounting to €1 billion ($1.1 billion). The funding has...