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08 July 2016

Ghana touts Ex-Im bank's role in trade finance

The Ghana Export-Import Bank (Ghana Ex-Im) will help businesses properly exploit export potential under international trade agreements, finance minister Seth Terkper...

08 July 2016

TriLinc reveals latest investments

US-based TriLinc Global Impact Fund has approved $14.5 million in term loan and trade finance transactions with companies operating in Sub-Saharan Africa, Latin...

08 July 2016

Acosta to quit as Puerto Rico development bank head

Melba Acosta, president of the Government Development Bank for Puerto Rico, is to leave at the end of July. US President Barack Obama is to form a control board to...

08 July 2016

Euler Hermes: UK retains top AA1 risk rating

Post-Brexit Britain's economy has held its AA1 trade risk rating in a new report by insurer Euler Hermes. But GDP growth is expected to slump to +1.3% in 2016,...

08 July 2016

EBRD unveils Pierre Heilbronn in new role

The European Bank for Reconstruction and Development (EBRD) has appointed Pierre Heilbronn as vice president (VP), policy and partnerships. He will also be a member of...

08 July 2016

Coface makes Valerie Brami group COO

French insurer Coface has appointed Valerie Brami to the new position of group chief operating officer (COO), in charge of information systems, organisation and...

07 July 2016

One Belt, One Road, many projects

China’s One Belt, One Road initiative spans continents and oceans, and is set to become the largest regional trade network in the world. Financial institutions in China...

07 July 2016

Saipem taps GIEK for innovative multi-tranche facility

Earlier this month, the Italian drilling company Saipem closed a €667 ($740 million) million GIEK-backed buyer's credit facility to finance the purchase of equipment and...

07 July 2016

Russia eyes fresh relations with EBRD soon

Russia is keen on renewing cooperation with the European Bank for Reconstruction and Development (EBRD) and restarting financing of Russian projects within six...

07 July 2016

EximBank Romania finances Egyptian energy project

The Export-Import Bank of Romania (EximBank Romania) has agreed to finance energy project contractor Romelectro to work on a thermal power facility in Egypt.

07 July 2016

EBRD loan to help agribusiness' exports

The European Bank for Reconstruction and Development (EBRD) has agreed a $20 million loan deal to two subsidiaries of Ukraine's Industrial Milk Company. It will...

07 July 2016

Trafigura quits Swiss industry lobby group

Swiss-based commodity giant Trafigura has withdrawn its membership of the Swiss Trading and Shipping Association amid a row over how best to improve transparency in...

07 July 2016

KrisEnergy transfers credit facility to single lender

Asia-focused oil and gas group KrisEnergy has transferred its revolving credit facility to a single lender, DBS Bank. It means the group does not have to pay back $55...

07 July 2016

GarantiBank International closes syndicated borrowing facility

Amsterdam‐based GarantiBank International has closed its annual dual‐currency 364-day syndicated borrowing facility consisting of €136 million and $127.5 million...

07 July 2016

Euler Hermes and UniCredit unveil SME insurance plan

Euler Hermes and UniCredit have joined forces on an insurance partnership to provide tools and services for Italian small and medium-sized enterprises (SMEs) to help...

06 July 2016

Back in business: Argentina's trade revival

Despite foreign investors’ and ECAs’ concerns over the risk of doing business in Argentina, the export community remains excited by the country’s trade prospects , TXF's...

06 July 2016

PhosAgro’s debut PXF a ‘benchmark transaction’ for future eurobond

Russian fertiliser producer PhosAgro’s debut PXF is testing market appetite ahead of a planned Eurodollar bond issuance, as Russian exporters benefit from a weak rouble...

06 July 2016

Debt-ridden Petrobras looks to sell oil fields

Petrobras, the Brazilian state-owned oil group, is selling nine oil fields in a bid to cut its massive debt. It is seeking buyers for the shallow-water oil fields in...

06 July 2016

Rex Energy announces reaffirmed borrowing base

US oil and gas group Rex Energy says its bank group has reaffirmed the existing $190 million borrowing base under the company's senior secured credit facility.

06 July 2016

Trade finance solution Ovamba reveals new investors

Ovamba, an online African funding and logistics services provider for small and medium-sized enterprises, has teamed up with two global investors, Crowdcredit and...