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21 July 2014

Sri Lanka and Uzbekistan benefit from ADB energy loans

Sri Lanka and Uzbekistan have each received a $300 million loan from the Asian Development Bank (ADB) dedicated to energy projects.

21 July 2014

NBAD looks to energy sector expansion with new appointment

The National Bank of Abu Dhabi (NBAD) is looking to expand its operations in the energy and resources sector, and has appointed Marc Mollema as the managing director and...

21 July 2014

Nordea goes live with Surecomp’s trade finance front-end solution

Nordea has gone live in Frankfurt and London with the stand-alone version of allNETT, Surecomp's web-based trade finance front-end solution.

21 July 2014

IFC and Bladex team for LatAm commodity finance

IFC and Banco Latinoamericano de Comercio Exterior (Bladex) have signed a risk-sharing facility of up to $350 million to expand access to trade finance for agribusinesses...

21 July 2014

EBRD arranges A/B loan for Turkey’s Ford Otosan

The European Bank for Reconstruction and Development (EBRD) is providing a €140 million ($188.6 million) loan to leading Turkish commercial vehicle maker Ford Otomotiv...

17 July 2014

Full house for close of highly successful Fin4Ag Nairobi conference

“One of the highlights of a successful conference is often how many people are left at the end. And this room is full!” declares Michael Hailu, director, Technical Centre...

17 July 2014

African agriculture – a world-beating business within 20 years

African agriculture stands at a crossroads and it alone is responsible for taking the right path. The sector has the potential to become a world beater within two...

17 July 2014

Agricultural Investment Funds target Africa

The number of Agricultural Investment Funds (AIFs) has increased significantly over the past decade, alongside an increase in the world’s population and food demand....

17 July 2014

Rosneft, VEB, Gazprombank and Novatek hit by new sanctions

US and EU make new announcements on the Russia-Ukraine crisis with further impact on trade

17 July 2014

Crowdfunding is springboard for bank customers of tomorrow

Crowdfunding has the potential to turn smallholder farmers into the bank customers of tomorrow, helping them grow to the stage at which they are able to tap traditional...

17 July 2014

Mobile finance shifting to rural areas

Mobile finance has undergone strong growth in recent years, with more than 220 operational platforms worldwide. While the majority of these have so far been confined to...

17 July 2014

Nine-country report proposes way forward for warehouse receipt finance

A new study into warehouse receipts and collateral management was unveiled this week at the Fin4Ag conference in Nairobi. The 200-page report dissects the experiences of...

17 July 2014

NBAD appoints head of syndicated finance

The National Bank of Abu Dhabi (NBAD) has appointed Jonathan Macdonald as the managing director and head of syndicated finance.

17 July 2014

Kenyan agribusiness gets IFC support with Bidco loan

IFC is lending $36.5 million to agribusiness company BIDCO to support expansion of the company’s consumer goods operations into new market categories and create more...

16 July 2014

Factoring for farmers: financing challenges in the Caribbean

When considering challenges faced by farmers in the Caribbean – of which there are many – it is important to appreciate first the breadth of the region, says Niko...

16 July 2014

BRICS set up New Development Bank

In a landmark development, the leaders of the BRICS countries - Brazil, Russia, India, China and South Africa – have signed a treaty to set up a BRICS development bank,...

16 July 2014

How Brazil engaged capital markets in agri-financing

With the vast ocean of financing required in African agriculture, banks alone – at least in the current climate – are insufficient. The same was true of Brazil and the...

16 July 2014

Weather data pilots struggle to survive

Most weather-index insurance pilot projects in Africa fail within three years because of inadequate budgets that don’t allow for scale, weather-station maintenance or...

16 July 2014

ANZ appoints new international CFO

ANZ has appointed Mary MacLeod chief financial officer (CFO), international and institutional banking.

16 July 2014

Jayme Bulcao joins Finacity

Experienced structured finance specialist to bolster Finacity's receivables finance business throughout Latin America