Oakbay Investments, through coal company Tegeta Exploration & Resources, has completed its acquisition of the Optimum coal mine from Glencore for R2.15 billion...

US Senator Richard Shelby, Republican of Alabama, last week said he wouldn't allow the Senate Banking Committee that he chairs to confirm a nominee to the board of...

Indonesia’s national carrier PT Garuda Indonesia has expressed interest in a UK Export Finance loan offer worth $1 billion, which was put forward during Minister...

Macquarie Group veteran Andrew Hunter arrived at the federal government-owned Export Finance and Insurance Corporation (Efic) three years ago to find an institution...

Britain’s export-credit agency, UK Export Finance, may be the most attractive source of satellite project financing that almost none one has heard of or uses....

The price of oil has dropped sharply after a meeting of oil producers failed to agree a cap on output. Brent crude fell 7% at one point, but then recovered slightly to...

The United States Treasury is keen to ensure that export credit agencies (ECA) are playing by the same rules – so much so that they look set to try and apply pressure on...

The financing of Smile's $315m 4G broadband rollout will hasten the economic development of no less than four African nations.

Richard Jones, CEO of Crown Agents Bank, speaks to TXF about its recent acquisition by Helios and what it means for the expansion of the bank's activities.

The Japan Bank for International Cooperation (JBIC) and Bank of Tokyo-Mitsubishi UFJ (BTMU) have co-financed a $190 million loan to Singapore-based Rosewood Shipping....

Seaborn Networks secured an innovative project financing to fund the establishment of high-speed telecommunications infrastructure between US and Brazil.

The Bank of Tokyo-Mitsubishi UFJ (BTMU) has signed a partnership with start-up Chain to work on a blockchain proof-of-concept focused on the exchange of promissory...

Fintech investment reached $2.6 billion in the first quarter of 2016 - up 100% on quarter one of 2015. But blockchain is proving much more popular than bitcoin.

Singapore-based commodity trader Olam has secured a $650 million revolving credit facility. The facility consists of two tranches of $325 million each, a 364-day RCF,...

The Asian Development Bank (ADB) has hired Nariman Mannapbekov as its Azerbaijan country director. ADB has approved loan and grant projects to Azerbaijan totalling...

DS-Concept Hong Kong, a global provider of trade finance and factoring, has hired Clifton Tong as head of sales. He will focus on providing export factoring and trade...

The Russian Agency for Export Credit and Investment Insurance (EXIAR) is to insure shipments of car tyres made to Belarus. EXIAR sealed a one-year insurance policy...

Last week, MSC Cruises signed a letter of intent with STX France for the construction of four LNG-powered ships with France's ECA, Coface, backing the $4.5 billion...

Basel regulators look to introduce new rules and export finance bankers will need to brace for further capital allocation on sovereign risks. Torsten Richter looks at the...

The Asian Infrastructure Investment Bank (AIIB) and the World Bank - once seen as potential rivals - have agreed to cofinance projects. About a dozen water, energy,...