Oil trader Addax Energy closed a rare IFC-backed borrowing base in Mauritania in 2018, to take home TXF's African Commodities Finance Deal of the Year Award. And the financing has multi-jurisdictional legal lessons for independent traders looking to close hybrid corporate and structured trade finance deals in high-risk profile African countries.
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WISTA and PwC’s survey into gender diversity and equality in the Swiss commodities industry has crucially identified a gender gap in perception when it comes to equality in the workplace – a stark indicator that gender diversity needs to be moved higher on the corporate agenda.
Europe’s energy crisis has provoked a scramble for LNG. In order to meet demand, investment towards specialist carriers and import terminals has ballooned. But can the possibility of adapting LNG tech for renewable power remedy long-term concerns around stranded fossil fuel assets?
Approximately 600 million people in Africa have no access to electricity. In a continent with considerable potential for energy natural resource development – both through renewable and fossil fuels – why has it become so difficult to finance related trades and new projects?