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News
17 April 2018
in
Infrastructure, Waste and water

KKR and Arjun Infra agree sale of South Staffordshire stake

The 75% equity stake in South Staffordshire owned by KKR infrastructure funds will be sold to pension funds and institutional investors advised by Arjun Infrastructure...

News
17 April 2018
in
Renewables

Maharashtra to procure 2GW of solar capacity

Maharashtra State Electricity Distribution Company (MSEDCL) has retendered 1GW of solar capacity in an effort to meet the state government's Renewable Purchase...

News
17 April 2018

The Development Bank of Southern Africa hires new CFO

The Development Bank of Southern Africa has appointed Boitumelo Mosako as chief financial officer. She previously served as the CFO at the South African Bureau of...

News
17 April 2018

YES BANK taps tax return data to boost SME loans

India's YES BANK is tapping into tax data to expand its lending to micro, small and medium-sized enterprises (MSMEs). The company plans to offer loans to MSMEs based...

News
17 April 2018

WTO: Strong trade growth in 2018 rests on policy choices

World merchandise trade growth is expected to remain strong in 2018 and 2019 after posting its largest increase in six years in 2017, but continued expansion depends on...

News
17 April 2018

Icici Bank onboards 250 corporates to blockchain platform

India's Icici Bank has brought in more than 250 corporate customers to its custom-developed blockchain platform for domestic and international trade finance. The...

News
17 April 2018
in
Infrastructure

BSTDB to help finance Bulgaria's first Marriott hotel with €58.3m loan

Black Sea Trade and Development Bank (BSTDB) and Bulgaria’s Postbank - a unit of Greece’s Eurobank - will lend €58.3 million for the...

News
17 April 2018

Liam Fox unveils plan to boost trade with Commonwealth countries

International Trade Secretary Dr Liam Fox has announced new measures to improve trade between the Commonwealth countries, as well as a range of commercial deals worth...

News
16 April 2018
in
Renewables

EPC contract signed for DEWA CSP project

DEWA and ACWA Power have signed the EPC contract for the $3.87 billion DEWA 700MW CSP project in Dubai - the fourth phase of the Mohamed bin Rashid Solar Park - with...

News
16 April 2018

EBRD eyes Africa for next wave of expansion

The European Bank for Reconstruction and Development is eyeing a new wave of expansion into sub-Saharan Africa and new parts of the Middle East in the coming years that...

News
16 April 2018

DadeSystems building the Twitter of accounts receivable

US-headquartered startup DadeSystems says social media platforms such as Twitter are now influencing the way businesses handle accounts receivable. DadeSystems adds an...

News
16 April 2018

Emirates NBD registers cheques on a blockchain

Emirates NDB has integrated blockchain technology into issued cheques to reduce the risk of forgery and to minimise potential fraud. The code registers each cheque...

News
16 April 2018
in
Oil & gas

UKEF backs $400m financing to Petrobras

UK Export Finance (UKEF) has guaranteed a financing of up to $400 million from Credit Agricole to Petrobras. The 11-year facility, which expires in...

News
16 April 2018

APAC could "save $670bn by fully adopting paperless trade"

Up to $673 billion can be saved annually in the Asia Pacific region if the World Trade Organization's Trade Facilitation Agreement and digital and paperless trade...

News
16 April 2018

Sage adds stripe for faster SME payments

Small business accounting company Sage has announced an integration with payments software platform Stripe in in a bid to accelerate payments to small and medium-sized...

News
16 April 2018
in
Infrastructure, Transport

ACS and Atlantia select 26 banks for Albertis acquisition

Abertis will be sold to a joint venture formed by Atlantia (with 50% plus one share), ACS (with 30%) and its subsidiary Hochtief (with 20% minus one share), according to...

News
16 April 2018

KfW IPEX: €13.8bn in new loans in 2017

Germany's KfW IPEX-Bank provided new loans totalling €13.8 billion in 2017, new figures show. The Export and Project Finance business sector, for which KfW...

News
16 April 2018

Is China’s Belt and Road Initiative about to run out of money?

China's ambitious Belt and Road Initiative across Eurasia and Africa is facing a serious financing challenge, according to the country's senior bankers and...

News
16 April 2018
in
Oil & gas

Croatian LNG terminal gets environmental greenlight

Croatia's Ministry of Environmental Protection and Energy has approved the environmental impact study prepared for the floating LNG terminal proposed for the...

News
16 April 2018
in
Infrastructure, Waste and water

ADB signs deals worth $375m to improve irrigation, PPPs in Punjab

The Asian Development Bank has signed two loans with Pakistan worth a total of $375 million to improve irrigation services and promote public-private partnerships in...