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29 May 2018
in
Renewables

Denmark agrees $201m loan to finance Ethiopian wind farm

The Danish International Development Agency (DANIDA) has signed a $201 million loan deal with Ethiopia to finance the 100MW Assela Wind Farm project. It is the first...

29 May 2018
in
Oil & gas

AET seals Petrobras deal for four shuttle tankers

AET Tankers - the petroleum transportation unit of Malaysia's MISC - has won a long-term charter contract to own and operate four specialist DP2 Suezmax-sized shuttle...

29 May 2018
in
Power, Renewables

Cambodia approves two power projects

Cambodia's Council of Ministers has approved a $1.29 billion, 700MW coal-fired power project  in Stung Hav district of Preah Sihanouk province and a $58...

29 May 2018

NDB eyes bond connect scheme for 5 billion yuan debt sale

The New Development Bank is planning to raise 5 billion yuan ($782 million) through a yuan-denominated bond sale in China's interbank market. The bond issuance,...

29 May 2018

Steve Gray named UKEF country manager for Ghana

Ghana becomes the first West African country to have a representative of UK Export Finance (UKEF) stationed in-country. Steve Gray, who will be taking up office at...

29 May 2018

Bibby seeks Irish FX licence for EU market post-Brexit

SME lender Bibby Financial Services (BFS) has applied for an Irish licence to operate a foreign exchange (FX) service, with a view to passporting from the...

29 May 2018
in
Oil & gas

Vitol's Taylor: No one will avoid Iran sanctions

Oil trader Vitol has claimed it will be almost impossible to avoid US sanctions on Iran, suggesting Donald Trump's attack on OPEC's third-largest producer may...

29 May 2018

AfDB helps finance Logone River bridge

The African Development Bank (AfDB) has signed two loan agreements for the partial financing of the construction of the Logone River Bridge, linking the city of Yagoua in...

29 May 2018

NIB agrees €147m loan to modernise Ellevio’s power distribution

Nordic Investment Bank has signed a €147 million, 15-year loan with the Swedish electricity distributor Ellevio AB to improve the quality of its infrastructure...

29 May 2018

Sri Lanka accepts $1bn loan from China Development Bank

Sri Lanka has accepted a $1 billion, eight-year China Development Bank syndicated loan to repay loans maturing this year. The bank was chosen from among four bidding for...

29 May 2018

Kexim offers financing to Africa, signs Afreximbank deal

The Export-Import Bank of Korea (Kexim) is introducing various financing programs for African countries to strengthen trade ties with the continent and help establish...

29 May 2018
in
Power

Vitol to float Viva Energy stake in $2.3bn IPO

Global energy trader Vitol and its partners plan to float their Australian Viva Energy business - potentially worth about $3.8 billion - in July. The owners want to...

29 May 2018
in
Transport

Gunvor, Oceangold Tankers, Maas Capital form ClearOcean Tankers JV

Swiss-headquartered Gunvor Group has entered into a joint venture with Oceangold Tankers and Maas Capital to form ClearOcean Tankers, a new ship holding company...

25 May 2018
in
Renewables

EBRD and Risen Energy sign deal to finance Kazakhstan solar project

Chinese solar panel manufacturer Risen Energy has signed a mandate letter with the EBRD for financing construction of a 63MW solar project in Kazakhstan. Construction...

25 May 2018

Tradeteq: Machine learning critical for better SME credit scoring in trade finance

Trade asset distribution platform Tradeteq has released a white paper aimed at demonstrating how machine learning, combined with broader data collection, can improve...

25 May 2018
in
Power

Riau IPP moving forward

PT Medco Ratch Power Riau (MRPR) – a joint venture between Medco Power (51%) and Ratchaburi Electricity Generating Holding (49%) – is progressing on the...

25 May 2018

Expert briefing: Turning BAD into good?

Have you ever wondered how Chinese companies finance domestic trade? Alvin Shen, CEO and managing partner of Broader Way Group, explains what at first glance may seem an...

25 May 2018

MIGA backs first float glass manufacturing plant in Nigeria

The Multilateral Investment Guarantee Agency has issued guarantees amounting to $71.9 million in support of the construction, operation and maintenance of a float...

25 May 2018

PayPal now a payment option for Sage invoices

Business management firm Sage is partnering with PayPal to make payment acceptance easier for small and medium-sized enterprises. Sage is integrating PayPal into its...

25 May 2018
in
Renewables

RenovAr Round 3 to launch October

The Argentine government is expected to launch Round 3 of its RenovAr renewable energy auction programme by October. The characteristics of Round 3, such as whether there...