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18 March 2015
in
Infrastructure

ICC Academy launched in Singapore

The International Chamber of Commerce (ICC) has officially launched its new education and training project, the ICC Academy.

18 March 2015

Vitol veteran joins Cornerstone Global

Cornerstone Global Commodities (Cornerstone) – the global brokerage firm specialising in energy derivatives – has recruited Duncan Preston from Swiss-based commodity...

18 March 2015

EBRD helps fund Egypt’s agricultural commodities trade

The European Bank for Reconstruction and Development (EBRD) is providing a $20 million loan, to partly finance the working capital of Medsofts, a family-owned company...

17 March 2015

HSBC is first to complete trade transaction under new rules for Shanghai FTZ

HSBC has become the first foreign bank to complete a transaction under the new offshore borrowing policy within the Shanghai Free Trade Zone (FTZ). The Chinese...

17 March 2015

Myanmar’s Yoma Bank turns to Misys technology

Yoma Bank of Myanmar, one of the country’s largest private banks, has chosen the FusionBanking Essence product of financial software firm Misys for a front-to-back...

17 March 2015

Oceanic Breeze LNG project secures financing from JBIC, Mizuho and BTMU

The Oceanic Breeze LNG Transport (OBLT) project has secured $125 million worth of financing from a club of Japanese banks and the Japanese export credit agency (ECA), the...

17 March 2015

EBRD signs co-financing agreement with ATFP

The European Bank for Reconstruction and Development (EBRD) has signed an agreement with the Arab Trade Financing Programme (ATFP) to help encourage the expansion of...

17 March 2015

Agencies provide loan to Morocco’s BMCE Bank for energy projects

Four development financing agencies have teamed to provide a loan to Morocco’s BMCE Bank to be used in sustainable energy projects. The agencies involved are: the...

16 March 2015

Orascom pushes ahead with Egyptian $3 billion coal-fired power plant project

Dubai-headquartered Orascom Construction (OC) has announced today that it is to move ahead rapidly with its planned 3,000 MW coal-fired power plant in Egypt, with an...

16 March 2015

IsDB provides Egypt with $4 billion financing package

The Islamic Development Bank (IsDB) is providing Egypt with a $4 billion financing package in support of a selection of energy and infrastructure projects. The deals were...

16 March 2015

Emirates mandates banks for debut UKEF-backed sukuk

Dubai-based airline Emirates has mandated eight banks to arrange a sukuk – an Islamic bond – guaranteed by British export credit agency (ECA) UK Export Finance (UKEF).

16 March 2015

Trafigura names Christophe Salmon as new CFO – as of October 2015

Commodity trading company Trafigura Beheer has today announced that Christophe Salmon will become the company’s new chief financial officer (CFO) as of 1 October 2015.

13 March 2015
in
Infrastructure, Transport

Maersk Line announces new CFO

Shipping company Maersk Line has announced that Pierre Danet will become the new chief financial officer of the company as of 7 April 2015. He will also be part of the...

13 March 2015

Cash management exits at Commerzbank following sanctions violations

Two employees within Commerzbank’s cash management and international business department will leave the bank, as part of the agreement which saw a $1.45 billion fine...

12 March 2015

MIGA appoints corporate risk director

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, has appointed a new director of...

12 March 2015

Mercuria looks to expand marine fuel business

Commodity trader Mercuria Energy is expanding its marine fuel division - Minerva Maritime Fuel – with the announcement today that it is looking to hire 20 to 40 bunker...

12 March 2015

AfDB makes loan to ABC Holdings in Botswana, Mozambique and Zimbabwe

The African Development Bank (AfDB) through its private sector window has approved a multi-currency loan to ABC Holdings (ABCH) in Botswana, Mozambique and Zimbabwe for...

12 March 2015

EDC provides credit facility for GNR Mexico

Canada’s export credit agency (ECA), Export Development Canada (EDC), is providing a $750,000 credit facility to the Mexican affiliate of Montreal-based GNR Technologies...

12 March 2015

IFC and CelsiusPro partner to expand access to insurance and finance for Ukrainian farmers

The World Bank group and Swiss index-insurance specialist CelsiusPro have partnered to make agricultural insurance in Ukraine more affordable for smaller companies,...

12 March 2015

Afrexim and StanChart arrange Kenya power sector loan

The African Export-Import Bank (Afreximbank) has teamed with Standard Chartered (StanChart) to provide Kenya Power and Lighting Company (KPLC), a Nairobi Stock...