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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...

11 March 2015

Boost for MENA trade credit insurance as Lloyd’s of London opens Dubai office

Lloyd’s of London has officially opened a new specialist underwriting platform in Dubai today to provide tailored risk solutions across the Middle East and North Africa...

11 March 2015

GIEK provides financing for Ulstein PSV

The Norwegian export credit agency GIEK has issued a buyer credit guarantee of NOK123.4 million ($14.9 million) for the long-term post financing of the platform supply...

11 March 2015

HSBC introduces RMB sweeping for German clients

HSBC in Germany has won a mandate to implement a fully-automated two-way renminbi (RMB) sweeping solution between China and Germany for Group, the global fastening...

10 March 2015

Baker & McKenzie boosts South African projects and energy team

Law firm Baker & McKenzie has expanded its presence in South Africa with the addition of leading projects and energy partner Kieran Whyte. He will be based in...

10 March 2015

JBIC provides credit line for Thai lease financing

The Japan Bank for International Cooperation (JBIC) together with private financial institutions has signed to provide a $40 million credit line to SMFL Leasing...

09 March 2015

Absa leads in club RBL deal for PetroSA Ghana

PetroSA Ghana, a subsidiary of South Africa's National Oil Company PetroSA, has signed a new reserve based lending (RBL) credit facility with a club of lenders.

09 March 2015

JinkoSolar signs strategic financing deal with China Minsheng

Shanghai-headquartered photovoltaic (PV) solar manufacturing company JinkoSolar Holding has entered into a strategic financing agreement with China Minsheng Banking...