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News
16 March 2018

OFX launches payments API

Australia-headquartered foreign currency exchange group OFX has launched a developer portal, designed to provide the global developer community with easy access to the...

News
16 March 2018
in
Transport

Haven automates bill of lading and invoice auditing for shippers

US-headquartered global trade fintech Haven has added two new features: automated bill of lading and automated invoice auditing in a bid to streamline customers'...

News
16 March 2018

Crown Agents Bank appoints David Bee as new Head of Global Markets

Crown Agents Bank has appointed David Bee in the newly created role as Head of Global Markets. He will join the bank's Executive Committee. Bee joins from Lloyds...

News
16 March 2018

Caribbean Development Bank to open first office in Haiti

The Barbados-based Caribbean Development Bank will establish its first country office in Haiti later this year. The country became a member of the bank in 2007. To date,...

News
16 March 2018

IFC, Credit Agricole CIB seal $2bn Synthetic Risk Transfer

The International Finance Corporation and Credit Agricole CIB have closed a Synthetic Risk Transfer transaction that will allow the bank to expand its trade finance...

Perspective
15 March 2018
in
Power

Get a grip: World Bank considering coal-fired project funding

The Kosovo E Re coal-fired power project is a potential candidate for World Bank funding. If it goes ahead it may set the precedent for a more practical approach to...

News
15 March 2018

Opportunity of the day: NPCC, L&T, CPECC, TechnipFMC among bidders for ADNOC's $3bn Bu Hasa oil field expansion

National Petroleum Construction Company (NPCC) will be bidding for the EPC contract of the Bu Hasa onshore oil field expansion project, owned by Abu Dhabi Company for...

News
15 March 2018

TXF Development and Agency Finance: Book your Early Bird tickets now

The Early Bird Discount of our upcoming TXF Development and Agency Finance conference, taking place in Washington on 18 April, 2018, is expiring this Friday so don't...

News
15 March 2018

Trade finance asset distribution platform Tradeteq is launched

Tradeteq, a cloud-based platform which matches trade finance originators with investors, has been launched by former investment bankers Christoph Gugelmann and Nils...

News
15 March 2018

Barclays unveils Islamic trade finance product

Barclays Bank of Kenya has launched an Islamic trade financing product featuring Shariah law compliant trade facilities. The La Riba trade finance is a...

News
15 March 2018

Trafigura closes record $5.725bn RCF refinancing

Trafigura has refinanced its flagship European multicurrency syndicated revolving credit with a new $5.725 billion facility – a volume record for the borrower. The...

News
15 March 2018

Afreximbank, ECIC pledge $1bn to expand trade and investment

The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa (ECIC) are to launch a $1 billion financing programme to promote...

News
15 March 2018

Clubfinance rebrands as Amberside Advisors and hires new infra head

Financial advisory services company Clubfinance Project Finance has announced that it has changed its named to Amberside Advisors. The Amberside Group company has also...

News
15 March 2018
in
Infrastructure, Metals and Mining, Transport

Oman evaluating advisory bids for Mineral Line railway PPP

The state-owned Oman Rail is evaluating bids for a tender to provide public private partnership (PPP) advisory services for its proposed Mineral Line railway. The project...

News
15 March 2018
in
Renewables

RES achieves financial close on 226MW Murra Warra Stage One

RES and Macquarie Capital have achieved financial close for the 226MW Stage One of the Murra Warra Wind Farm project located 30km north of Horsham in Victoria. The A$320...

News
15 March 2018
in
Oil & gas

PNGRB cancels Gail's Surat-Paradip gas pipeline project

Indian downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB) has cancelled a licence awarded to state-owned company GAIL to develop the Surat-Paradip...

News
15 March 2018
in
Transport

Gazprombank finances Novy Urengoy airport project

Urengoyaeroinvest has closed a financing with Gazprombank for a Rub7.2 billion airport reconstruction PPP in the city of Novy Urengoy situated in the...

News
15 March 2018
in
Power, Renewables

BC Hydro signs five First Nations PPAs then calls halt to review future

BC Hydro has signed agreements for the output from five renewable power projects being developed by First Nations groups including the 5MW Zonnebeke Wind, 15MW Sukunka...

News
15 March 2018
in
Renewables

Achema completes Croatian and Czech wind farm purchases

Achema Group company Renerga has completed the acquisition of several wind farms in the Czech Republic and Croatia with financing from SEB Bank. The 42MW operational wind...

News
15 March 2018
in
Agri/Soft Commodities

Ex-Cocobod head Stephen Opuni faces fraud trial

Stephen Opuni, the former head of Ghana's Cocobod, will go on trial for his alleged role in awarding fraudulent fertiliser supply contracts totalling $49 million...