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04 October 2016

EIB to open first Irish office and increase exposure

The European Investment Bank (EIB) is to open its first Irish office later this year. EIB exposure to Ireland is below the European average but the bank said it...

04 October 2016

Paperless trade treaty promises billons to Asia-Pacific

A global treaty to promote cross-border paperless trade in the Asia-Pacific region has been launched. Exports could rise by $257 billion annually with region-wide...

04 October 2016

US Ex-Im and PTA Bank seal MoU to boost exports

The Export-Import Bank of the United States (US Ex-Im) and Africa's PTA Bank have signed a memorandum of understanding (MoU) to boost exports between America and...

04 October 2016

BNDES to boost green funding and cut loans for fossil fuels

BNDES, Brazil's development bank, will focus on clean energy while cutting support for fossil fuels as the country's economic slump limits its resources.

04 October 2016

Dominic Capolongo joins PrimeRevenue

PrimeRevenue, a US-headquartered working capital finance solutions group, has hired Dominic Capolongo as executive vice-president and head of global funding. He joins...

04 October 2016

Automated payments systems in high demand for UK businesses

Almost 50% of UK exporters and importers expect to use global payments more this year than in 2015, according to AFEX. About 17% plan to deploy automated systems to...

03 October 2016
in
Power, Renewables, Transport

Kexim wades into Africa infra scramble with Ghana power deal

Kexim last week provided a loan to finance the Prestea-Kumasi power enhancement project in Ghana as South Korea looks to compete with China and Japan for African...

03 October 2016

The dos and don’ts of African toll road financing

The number of abandoned African toll road projects far outweighs the successful ones. Have development finance lenders worked out how to make financing them work?

03 October 2016

China Exim in $1.16bn project loan to Bangladesh

The Export-Import Bank of China (China Exim) is set to lend Bangladesh $1.16 billion for three projects: the purchase of six vessels; to build the Karnaphuli road...

03 October 2016

IMF praise raises Argentina's investment hopes

The International Monetary Fund (IMF) has praised ongoing reforms in Argentina ahead of its first consultation in a decade in Latin America's third-largest...

03 October 2016

Thailand Exim unveils new fund to boost SME exports

The Export-Import Bank of Thailand (Thailand Exim) has unveiled its EXIM Instant Credit fund - a low interest pre- and post-shipment revolver to boost small and...

03 October 2016

India Exim agrees Nepal loan for post-earthquake projects

The Export-Import Bank of India (India Exim) has agreed a $750 million line of credit to Nepal to help finance post-earthquake infrastructure projects in the...

03 October 2016

BSTDB rating outlook up to stable from negative

The Black Sea Trade and Development Bank's (BSTDB) rating outlook has been changed by Moody's to stable from negative, based partly on the bank cutting its...

03 October 2016

Angola secures EDC loan to pay for GE trains

Export Development Canada has agreed to help finance Angola's $429.5 million purchase of 100 trains from US group General Electric.

03 October 2016

EBRD boosts Egyptian exporters and importers

The European Bank for Reconstruction and Development (EBRD) has agreed a $50 million trade facility to Credit Agricole Egypt under its Trade Facilitation Programme to...

03 October 2016

SME export shortfall costs UK £141bn

Britain is missing out on a potential £141.3 billion because of a small and medium-sized enterprise (SME) export gap, a new report says. Over two-fifths of SMEs...

03 October 2016

ADB and Sweden unveil innovative risk transfer deal

The Swedish International Development Cooperation Agency (SIDA) will guarantee up to $155 million of Asian Development Bank (ADB) sovereign loans under an innovative...

03 October 2016

KfW IPEX finances Rwandan airline Airbus jet

Financing by Germany's KfW IPEX-Bank will allow Rwandan airline RwandAir to buy an Airbus A330-200 jetliner. The export credit agency will extend the loan to PTA...

03 October 2016

Finacity facilitates trade receivable funding for wire supplier

Finacity has agreed a $25 million trade receivable funding programme for CME Wire & Cable, a supplier of electrical wire, magnet wire and cable based in Georgia,...

02 October 2016

South Africa's indispensable finance minister

Finance Minister Gordhan has demonstrated his indispensability to avoid another downgrade of South Africa’s credit rating and to maintain unity within the governing ANC...