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15 September 2015

Why the ECAs should carry on competing with the private-insurance market

Charles Berry, chairman of specialist insurance broker BPL Global, argues that as exporters and banks now often have a choice between ECA and private-sector cover, ECAs...

10 September 2015

Commodity finance failing to deliver

A funding crisis is developing in the commodities market as producers and traders, particularly of the small and mid-sized variety, struggle to access the type and volume...

09 September 2015

EuroChem signs $750 million PXF club facility

The Swiss-headquartered Russian agrichemical EuroChem Group AG has signed a $750 million pre-export finance facility with a club of leading international banks. The funds...

09 September 2015

Natixis appoints head of infra and projects Americas

Natixis has appointed Jonathan Kim as managing director, head of global infrastructure & projects (GIP) Americas.

08 September 2015

ITFC signs $3 billion commodity trade import framework with Jordan

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) group, has signed a $3 billion umbrella financing framework...

02 September 2015

Louis Taylor appointed as the new CEO of UK Export Finance

Louis Taylor has been appointed as the new chief executive officer (CEO) of the United Kingdom’s export credit agency UK Export Finance (UKEF). He takes up the role in...

01 September 2015

Adesina sworn in as new president of African Development Bank

Former Nigerian agriculture minister, Akinwumi Adesina, has today been formally sworn in as the new president of the African Development Bank Group (AfDB) at a ceremony...

26 August 2015

Jin Liqun named as first president of AIIB

Jin Liqun has been selected as president–designate of the Asian Infrastructure Investment Bank (AIIB) at the 6th meeting of chief negotiators representing the bank's 57...

20 August 2015

SACE tops ECA table, as big-hitters see slowdown

In a development that might raise a few eyebrows in the export finance world, Italian export credit agency (ECA) SACE has topped the ECA export finance table in the first...

17 August 2015

Breaking down barriers

Global trade growth built up expectations with a healthy recovery following the crisis, but it has since relapsed to a snail-like pace of advancement. Despite their...

17 August 2015
in
Transport

Transport trumps energy for export finance

Transport has wrestled energy off its throne as the leading sector for export finance in the first half of 2015 – TXF’s H1 Export Finance Report revealed this week.

14 August 2015

KAZ Minerals signs $50 million credit facility with Caterpillar

Kazakhstan-focused copper production company KAZ Minerals has signed a new $50 million revolving credit facility (RCF) with Caterpillar Financial Services (UK) (Cat...

14 August 2015

Export finance market declines on project and aviation finance slump

Export finance volumes in the first half of 2015 have tumbled by 28% year-on-year, and by 35% compared to the second half of last year, TXF’s H1 Export Finance Report...

10 August 2015
in
Oil & gas

Gazprom Marketing and Trading secures $500 million RCF

Gazprom’s UK-based subsidiary, Gazprom Marketing & Trading (GM&T) has signed a 364-day $500 million syndicated revolving credit facility (RCF).

30 July 2015

Barclays, Sinosure team for $828m Zambian project financing

Barclays has collaborated with Chinese export credit agency (ECA) Sinosure to arrange $828 million in overall project financing for Zambia’s Maamba Collieries. The...

30 July 2015

OECD transparency regulation to prove taxing for big traders

If prizes were being dished out for corporate success since the turn of the millennium, the big commodity trading houses would be right up there at the front of the...

30 July 2015

Cocobod’s success stands as an example for other African nations

Jonathan Bell reviews this year’s Ghana Cocobod financing, analyses the record of pricing, and looks at the prospect of further value-added for African soft commodities.

17 July 2015
in
Transport

Landmark deal sees UK Export Finance and HSBC combine for first RMB-funded financing

The UK export credit agency UK Export Finance (UKEF) and HSBC have teamed to arrange the first ever offshore renminbi (RMB) financing for an aircraft purchase – in this...

15 July 2015

BNPP and Intesa Sanpaolo finance Kenya’s Itare dam project

BNP Paribas and Intesa Sanpaolo are providing export credit financing to fund the €306 million ($334.7 million) Itare dam project in Kenya. The project, which is backed...

15 July 2015

CEFC finances DeGrussa copper mine solar project in Western Australia

The Clean Energy Finance Corporation (CEFC) is committing up to $15 million for the development of the 10.6MW solar plant with 6MW of battery storage at Sandfire...