Commodity houses have seen a difficult year for trading as a prolonged slump in prices without the contango opportunities that existed in 2015 has seen them look to find...

Debt structures for nuclear power plants could evolve beyond government-to-government funding.

The world’s second largest continent faces vast challenges in accessing trade financing with SMEs particularly affected by a vastly increased trade financing gap,...

Direct lending by ECAs based on floating interest rates, rather than the CIRR equivalent, is the source of export finance bankers' discontent, says a US Ex-Im senior...

Despite the economic uncertainty in Angola, EDC has agreed a financing for the country which will contribute to the completion of one of the final steps to opening a new...

Despite being below investment grade, Brazil’s largest oil company appears to have retained market confidence amid an ongoing political scandal and repeated allegations...

The RCF – which matches last year's largest-ever facility secured by the company – was heavily oversubscribed and is indicative of continued lender appetite for the...

The new renewables programme is highly structured, and has to erase lenders’ memory of Argentina’s past economic struggles.

On 1 January 2017 the French export credit agency (ECA), Coface, will officially transfer all its activity to Bpifrance. Since 1946 Coface has handled state export credit...

Russia’s Norilsk Nickel has signed a five-year $500 million committed revolving back-stop credit facility (RCF) with a group of international banks. The transaction is on...

Finance Minister Gordhan has demonstrated his indispensability to avoid another downgrade of South Africa’s credit rating and to maintain unity within the governing ANC...

Despite a crop-damaging drought and fears about production levels, the Ghana Cocoa Board (Cocobod) has refinanced its annual PXF in a vastly oversubscribed facility. The...

Iran has set a target to install 5,000 MW of renewable energy capacity by 2021, and according to one lawyer, export credit agencies will be key to achieving that goal.

Although the total volume of the ECA finance market has reduced in recent years, in the first half of this year ECA direct lending was already $1.7 billion up on the...

Tom Nelthorpe discusses whether China, Russia and Mongolia can work with a small coal mine developer to make a greenfield rail project a reality.

US and EU sanctions against Russia came into effect in 2014 and two years later their effect has led to an economic slowdown, and limited financing opportunities. The...

Japan's latest pledge to commit $30 billion in public and private support for infrastructure development in Africa is a "politically motivated" move to ensure the Asian...

Mizuho Bank has boosted its team in the EMEA region with the hire of Tim Lamey as head of export and structured trade finance, EMEA. The appointment will give Mizuho a...

Swiss commodity trader Glencore has sealed a refinanced borrowing base with increased pricing following a difficult 12 months for the company. However, lenders have...

Gerry Gannon is the global head of trade finance at Westpac, the bank that he has been with for over three decades. TXF’s associate director, Hesham Zakai, spoke with...