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05 September 2014

Russia looks eastward as Western sanctions intensify

As Western governments blacklist more of Russia’s key companies over the conflict in Ukraine, Russia has accelerated its initiative to build alternative trade...

05 September 2014

Gunvor renews and increases Middle East facility

Energy and metals trading company Gunvor Group - comprising Gunvor SA, Gunvor Middle East DMCC and Gunvor Singapore - has signed a $420 million secured, uncommitted...

05 September 2014

Success for Russia’s EuroChem as it secures project financing

Russian fertiliser producer EuroChem has secured a major loan from a syndicate of international and Russian banks to meet the financing requirements for the development...

05 September 2014

Guyana Goldfields completes Aurora Gold project financing

Toronto-headquartered, Guyana Goldfields, and its wholly-owned subsidiary, AGM Inc has closed the $185 million, loan portion, of its project financing to fund the...

02 September 2014

JBIC and BTMU sign loans with India’s SBI for power equipment imports

The Japan Bank for International Cooperation has signed a loan agreement, within a co-financing arrangement, to set up an export credit line with the State Bank of India...

02 September 2014

Project finance specialist firm Portland Advisers expands into Asia

Specialist project finance firm, Portland Advisers, has expanded with the recruitment of two further consultants in response to expanding demand for its specialist...

29 August 2014

Mercuria secures first Japanese yen facility

Commodity trading company, Mercuria, has secured its first ever significant loan in Japanese yen.

27 August 2014

XZERES closes financing with Wells Fargo

Oregon-headquartered XZERES Corporation, a global clean energy solutions company, has closed a loan agreement with Wells Fargo Bank and strategic investors for total...

26 August 2014

Bringing agri-financing to centre stage

The Fin4Ag conference held in Nairobi this year was the largest and most expansive event ever staged focusing specifically on agri-financing.

26 August 2014

CTA demonstrates its unique role in style with Fin4Ag

TXF talks to Michael Hailu, director of the Technical Centre for Agricultural and Rural Cooperation (CTA) about the unique role of the organisation.

26 August 2014

Building commodity exchanges with integrity

The first ‘modern’ commodity exchanges in Africa were created in Zambia and Zimbabwe in 1994, and in South Africa in 1995. While the first two failed, the South African...

26 August 2014

Kenyan coffee farmers look to broader horizons

Kenya’s Kyanzavi Farmers Cooperative is one example of how clubbing together into a single commercial estate can help individual farmers improve their yield, attract...

26 August 2014

Helping apitrade development in Ethiopia

In 2012, ProFound together with the Ethiopian Apiculture Board, SNV Ethiopia and Enclude (formerly Triodos-Facet) initiated the Apiculture Scaling-up Programme ASPIRE.

20 August 2014

Star Bulk acquires drybulk vessels in novel deal

Athens-headquartered shipping company Star Bulk Carriers Corporation (Star Bulk) has signed definitive agreements with Excel Maritime Carriers (Excel) to acquire 34...

20 August 2014

IFC launches financing programme for Indian infra-fund

The IFC has launched a $2.5 billion financing programme designed to strengthen India’s capital markets and set up an infrastructure development fund for the country.

19 August 2014

ING Frankfurt appoints new head of natural resources

ING Commercial Banking in Frankfurt is continuing its expansion with the appointment of Crina Nechifor as head of natural resources and structured metals and energy...

18 August 2014

Standard Bank pinpoints suspected Chinese fraud in half-year accounts

In announcing its half-year financials, Standard Bank has highlighted a $79 million write-down from its exposure to a suspected metal financing fraud in China.

18 August 2014

Rosneft proposes mega-loan from Russian state

Russian state-owned oil producer Rosneft has asked the Russian government for up to RUB1.5 trillion (approximately $42 billion) to cover some of its immediate and...

15 August 2014

Kores provides bridge loan for Boleo copper project

Korea Resources Corporation (Kores) has provided a $20 million bridge loan to Minera y Metalúrgica del Boleo (MMB) to fund the continuing construction of the Boleo mining...

13 August 2014

EIB agrees loans for renewable energy projects in South Africa

The European Investment Bank (EIB) has secured deals with the South African state-owned energy provider Eskom and the Development Bank of South Africa (DBSA) to build two...