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08 October 2020
in
Infrastructure, Transport

$1.7bn contracts awarded for ADB-funded Malolos–Clark Railway Project

Construction of the Asian Development Bank-funded Malolos–Clark Railway Project in the Philippines is expected to begin soon following the signing of three civil...

07 October 2020

FEX and MENA: Passing on knowledge and sustainability

The younger generation of the export finance community is yet to hold the keys to the ECA manor. And with much of the knowledge and talent in the industry (and deal...

01 October 2020
in
Infrastructure, Transport, Waste and water

NDB approves $1.03bn project financing in Russia and India

The New Development Bank has approved five new projects with a total commitment of about $1.03 billion. The NDB Board approved a loan of $241 million for the Mumbai...

30 September 2020

Export finance rises bravely to the challenges

ECAs and export finance activity have been paramount to global trade and project success so far throughout the pandemic. Discussion on the key themes, topics, trends and...

24 September 2020
in
Infrastructure, Transport

San Miguel Aerocity Bill passes Philippine Senate Committee

The bill granting a 50-year franchise to the San Miguel Aerocity Inc has cleared the Philippines' Senate Committee on Public Services. If enacted, the bill will grant...

24 September 2020
in
Infrastructure, Oil & gas, Transport

Max Midstream to export crude from the Port of Calhoun

Max Midstream has announced the acquisition of the Seahawk Pipeline and Terminal from Oaktree Capital at the Port of Calhoun, Texas. It is planning a pipeline to connect...

24 September 2020

Department for International Trade forms support UK trade negotiations

The Department for International Trade (DIT) is bringing together five leading economic and trade experts to advise on how to develop and use cutting-edge new trade...

24 September 2020
in
Oil & gas

US charges former Vitol manager over graft in Ecuador

The US Justice Department has charged a former manager of a European oil trading firm with paying bribes of $870,000 to help win a contract from Ecuador’s state-run...

23 September 2020

ADB lending to Indonesia to hit $10.7bn under 5-yr plan

The Asian Development Bank has endorsed its 2020–2024 country partnership strategy for Indonesia.ADB says its operations will support Indonesia’s inclusive...

21 September 2020
in
Infrastructure, Transport

USDoT awards $1bn under BUILD programme

The US Department of Transportation has announced the award of $1 billion of discretionary grants under its Better Utilizing Investments to Leverage Development (BUILD)...

17 September 2020
in
Renewables

Igas to buy UK geothermal developer GT Energy

UK oil and gas exploration company Igas has entered into a share purchase agreement to acquire geothermal developer GT Energy UK Limited for a maximum consideration of...

16 September 2020
in
Metals and Mining

Oyu Tolgoi furthers funding pit

Rio Tinto via its ownership of Turquoise Hill Resources has finally inked an agreement for the additional financing of the long-dated Oyu Tolgoi mining project in...

11 September 2020
in
Oil & gas

Moody's ups E&P outlook to stable

Moody’s has revised its outlook for the global exploration & production (E&P) sector to stable from negative. The ratings agency expects earnings to slowly...

10 September 2020

US Ex-Im reforms and renews PEFCO partnership

The Export-Import Bank of the United States has voted to renew its partnership with the Private Export Funding Corporation (PEFCO) for 25 years.As part of this renewed...

08 September 2020
in
Infrastructure, Waste and water

NIB finances waste recycling project in Stockholm

The Nordic Investment Bank and Stockholm have signed a ten-year SEK1 billion (€97.23 million) loan to finance projects related to the city’s waste recycling,...

07 September 2020
in
Infrastructure

Alabama selects 3 proposals for new prisons

Alabama's Governor has announced the successful schemes submitted in a request for proposals in May for the financing, construction and maintenance of three new...

04 September 2020
in
Renewables

Greencoat announces share issuance programme

Greencoat UK Wind PLC (UKW) has announced a new Share Issuance Programme of up to a maximum of 750 million new ordinary shares over the next 12 months. The initial...

02 September 2020

Export finance report H1 2020: Volumes remain high despite crisis

Overall volumes of global export finance fell by roughly $7 billion compared to H1 2019 according to the TXF H1 2020 Export Finance report. However, the drop in volume is...

02 September 2020
in
Renewables

GIG and Total to partner on Korean offshore floating wind

Green Investment Group (GIG) and Total have signed a series of agreements to co-develop an initial five floating offshore wind projects with a combined capacity of 2.3 GW...

26 August 2020
in
Infrastructure, Metals and Mining, Oil & gas, Other, Power, Transport, Waste and water

Africa: Export finance, PRI and life after Covid

TXF is joined by Melanie Lawrence of Afreximbank, Gabriel Buck of GKB Ventures and Chris Mitman of Investec to discuss the challenges faced in providing export finance to...