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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

US Ex-Im backers fret over future as US House ignores bank

The Export-Import Bank of the United States (US Ex-Im) won’t be revived until at least September - if at all. Congress is headed toward approving a...

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

Euler Hermes reports increased revenue, operating income for mid-year 2015

International trade credit insurer Euler Hermes released its half-year results for 2015 on Tuesday, reporting increases in revenue and operating income despite a...

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.

30 July 2015

Boeing chairman says US Ex-Im Bank demise may force it offshore

Boeing Chairman W. James McNerney suggested on Wednesday that Boeing may need to move some operations offshore if the Export-Import Bank of the United States (US...

30 July 2015

SBM Offshore turns to ECAs for $1.55bn Brazilian FPSO financing

SBM Offshore, a Dutch supplier of floating production and mooring systems, has completed a $1.55 billion export credit agency (ECA)-backed project financing to finance...

29 July 2015

Cote d'Ivoire to increase investment in Afreximbank

Ivorian President Alassane Ouattara on Tuesday in Abidjan announced that the country plans to increase its investment in the African Export-Import Bank (Afreximbank) by...

29 July 2015

PrimeRevenue establishes PrimeRevenue Capital Management

PrimeRevenue, a platform for working capital finance solutions, announced PrimeRevenue Capital Management on Tuesday, a new venture focused on offering alternative...

29 July 2015

British SMEs looking beyond Europe for growth

More SMEs are trading globally and looking beyond Europe for growth, according to the latest findings from Western Union Business Solutions, a subsidiary of The...

28 July 2015

Vietnam Bank for Agriculture and Rural Development joins SWIFT's KYC Registry

SWIFT today announced that Vietnam Bank for Agriculture and Rural Development has joined the Know Your Customer (KYC) Registry, a centralised repository that maintains...

28 July 2015

Fundbird platform launches for SME funding

Online platform Fundbird has launched in the UK on Monday to match SMEs with funding. Backed by fintech angel investors including Yuval Tal, founder of...

28 July 2015

Dissolving the US Ex-Im Bank will hurt US-Africa relations

The future of the Export-Import Bank of the United States (US Ex-Im Bank) is uncertain. If it is to be dissolved, the bank's expiration will hurt US economic...

28 July 2015

EBRD arranges $300m loan for Kazakh railways

The European Bank for Reconstruction and Development (EBRD) and a group of international commercial banks are providing a syndicated financing package of $300m in...

28 July 2015

HSBC names Eddie Norton head of PCM Europe

HSBC has appointed Eddie Norton as head of payments and cash management (PCM) for Europe. He joins HSBC PCM Europe from his role as Head of Commercial Banking in Latin...

27 July 2015

SACE and Technip to finance expansion of Egyptian MIDOR refinery

Technip Italy and SACE announced the finalization of a joint agreement with Midor (Middle East Oil Refinery) for a project to modernize and expand the MIDOR refinery...

27 July 2015

US Senate resurrection of US Ex-Im Bank goes to divided house

The US Senate voted on Sunday to resurrect the Export-Import Bank of the United States (US Ex-Im Bank), handing the Republican Party’s most conservative wing a...

27 July 2015

SMBC and its Brazilian subsidiary sign MoU with APD

Sumitomo Mitsui Banking Corporation (SMBC) announced today that its Brazilian subsidiary, Banco Sumitomo Mitsui Brasileiro (SMBCB) and itself have signed a memorandum...

27 July 2015

$200m ADB loan to help India's Axis Bank finance smallholder farmers

The Asian Development Bank (ADB) has signed a $200m loan with Axis Bank to extend finance to low-income smallholder farmers in India.

27 July 2015

Myanmar customs to develop new scheme for faster import, export of goods

The Asian Development Bank (ADB) is supporting the Myanmar customs department in developing its Authorized Economic Operators (AEO) scheme, a new system that will...