After two years of delays resulting from the war with Isis, French export credit agency (ECA) Coface last month provided its first ever guarantee in Iraqi Kurdistan to fund the purchase of turbines for the country’s Bazian power plant.
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TXF spoke with Franziscka Brantner, parliamentary state secretary in the federal ministry for economic affairs and climate action of the Green Party in Germany, to find out what new incentives and initiatives her party are rolling out for exporters to push green tech overseas.
ECA support is integral to getting several large-scale carbon-intensive projects across the financial line in sub-Saharan Africa this year, with social infra schemes also high on the financing agenda of agencies active on the continent.
Blockchain was heralded and hyped as a great hope for SMEs accessing trade finance. Now, with a couple of failures of prominent solutions, questions are being asked. Wagons have circled, but will there be wider implications of the We.trade and Serai wind-ups on bank and non-bank finance for trade, and are there bigger long-term problems for financing trade?