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21 October 2015

Trafigura flags credit risks for commodity producers

Swiss commodity house Trafigura is racking up record oil trading volumes as it taps into pricevolatility but warns that merchants have to be more vigilant in the face...

21 October 2015

SSL to build satellite for Azercosmos in ECA supported deal

Satellite operator Azercosmos of Azerbaijan has contracted Space Systems/Loral (SSL) to build the Azerspace-2 telecommunications satellite, with the deal supported by...

21 October 2015

Moody's warns Noble on new borrowing facility

Noble Group has been warned by Moody's that a new borrowing facility trumpeted by the commodities trader may pose an additional threat to its investment grade...

20 October 2015

A happy marriage of convenience

At the end of September, US multinational General Electric signed a cooperation agreement with Britain’s export credit agency, UK Export Finance. The MoU could oversee up...

20 October 2015

Zimbabwe in line for $1bn of ATI infra funding

Zimbabwe will access approximately $1 billion of infrastructure development funding from the African Trade Insurance Agency (ATI) if the country pays its $15 million...

20 October 2015

Ecobank raises long-term funding and trade facility

Ecobank Nigeria has secured a $75 million syndicated subordinated term facility (Tier 2) from a Dutch development bank FMO and $50million trade financing line from the...

20 October 2015

AfDB provides trade facilitation loan for UniBank Ghana

The African Development Bank (AfDB) has provided a $15 million trade finance facility to UniBank Ghana to enhance its capacity to finance small and medium-sized...

20 October 2015

SACE signs landmark €1 billion credit line for major UAE projects

Italy’s export credit agency, SACE, has signed two agreements with the United Arab Emirates for project development in the Emirates – and coupled with this is an umbrella...

19 October 2015

TXF adds case study stream to Hong Kong export event

Trade & Export Finance Media (TXF Media) has introduced a new dedicated Case Study Stream to next week’s TXF Asia: Export, Agency and Project Finance...

19 October 2015

Noble Group closes $1.1 borrowing base facility for North American operations

Hong Kong-headquartered commodity trading company Noble Group has successfully closed the syndication of its $1.1 billion revolving borrowing base facility, which will be...

16 October 2015

Exiled Putin critic said to be EBRD pick for chief economist

A former Russian government adviser who is living in self-imposed exile in Paris is about to be appointed chief economist of the European Bank for Reconstruction and...

16 October 2015

Emerging markets face challenge in funding roads and bridges

Emerging markets are calling on global investors to build roads, bridges, power plants and other large infrastructure to spur growth in their countries, but it is...

16 October 2015

Ecom Agroindustrial secures $635 million revolving credit facility

Swiss-based commodity trading company Ecom Agroindustrial Corporation has secured a new $635 million multi-currency revolving credit facility (RCF). As with other...

16 October 2015

Wave brings Blockchain trade finance trial to Barclays

Blockchain-based supply chain start-up Wave has signed a deal with Barclays. Wave's product will be leveraged by Barclays Corporate Bank in a bid to help business...

16 October 2015

AfDB approves trade facilitation loan for UniBank Ghana

The African Development Bank (AfDB) has approved a $15 million trade finance line of credit for UniBank Ghana. The three-year facility will be used by UniBank to boost...

16 October 2015

Korea Eximbank to finance Azerbaijan carbamide plant

A $150 million long-term agreement between South Korea's Eximbank and the State Oil Company of Azerbaijan Republic to finance a carbamide plant in Sumgait will be...

16 October 2015

EBRD's financing package to Belinvestbank

The European Bank for Reconstruction and Development (EBRD) is extending a €50 million financing package to Belarus's Belinvestbank. The package is a €20...

16 October 2015

Euler Hermes: US SMEs say exports critical to growth

Two-thirds of small and medium-sized enterprises (SMEs) in America claim exporting has helped their business growth, a survey by credit insurance group Euler Hermes...

15 October 2015

Vietnam's military-run mobile firm launches in Tanzania, invests $736mn

Vietnam's ambitious state-run telecoms operator Viettel launched mobile and internet services in Tanzania on Thursday after investing $736 million in East...

15 October 2015

US economic dominance at an end as China's currency rises

America’s era as the undisputed global economic superpower is at an end, and we could soon see big signs of the shift in global markets, according to economists...