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17 December 2015

US set to lift 40-year ban on oil exports

The US has agreed to lift a 40-year ban on the exports of crude oil - providing a boost for traders across the globe. The move will open a major new market and create...

17 December 2015

UK needs 'one-stop export shop', says CBI

Britain must have a new independent commission to help boost the country's exports, the Confederation of British Industry (CBI) says. The group calls for a body...

17 December 2015

Trafigura's Nyrstar deal is cleared by commission

Swiss-based commodity trader Trafigura's de facto control over Belgium-headquartered zinc producer Nyrstar has been cleared by the European Commission....

17 December 2015

RCMA takes over trading arm of UK's Plexus Cotton

UK-headquartered merchant Plexus Cotton has sold its cotton-trading business to Singapore-based RCMA Groups, which plans to expand its commodities operations beyond...

17 December 2015

Liberia joins World Trade Organisation

Liberia has joined the World Trade Organisation. Ellen Johnson Sirleaf, the West African country's president, said it would "use trade as a tool for...

16 December 2015

Commodity investor interviews: INOKS Capital calls for a more institutional approach

In part three of our interview series, TXF’s Helen Castell talks to INOKS Capital chief executive Nabil Marc Abdul-Massih about the importance of regulation and his...

16 December 2015

Demica reports on trade receivable securitisations

London-based working capital solutions provider Demica has released an insight paper about how to approach the world of trade receivable securitisations (TRS). New...

16 December 2015

Sinosure backs China-Kazakh projects

The Development Bank of Kazakhstan and Chinese export credit agency Sinosure have sealed a deal on insurance coverage of up to $400 million for projects between the...

16 December 2015

ADB allocates $790M to Azerbaijan energy projects

The Asian Development Bank (ADB) will allocate almost $790 million to energy projects in Azerbaijan between 2016 and 2018. The money will be used to develop...

16 December 2015

Australian SMEs to benefit from Oyu Tolgoi mine

Small and medium-sized enterprises (SMEs) in Australia will benefit from the expansion of Mongolia's Oyu Tolgoi mine, Export Finance and Insurance Corporation...

16 December 2015

Ivory Coast's $778m power grid loan with China Exim

Ivory Coast has signed a $778 million loan deal with Export-Import Bank of China (China Exim) to pay for upgrades to its national power grid. The financing will fund...

16 December 2015

Banco Privado Atlantico opens Namibian branch

Angola's Banco Privado Atlantico has opened a branch in Namibia in order to promote, among other things, trade finance. Officials said it was another step in...

15 December 2015

Lebanon becomes EBRD shareholder

Lebanon has become the latest country to be accepted as a member of the European Bank for Reconstruction and Development (EBRD). Lebanese authorities said the...

15 December 2015

Afreximbank's $3.5bn boost to trade finance liquidity

The African Export-Import Bank (Afreximbank) has launched a $3.5 billion programme to help member countries deal with the trade finance liquidity shortage. Afreximbank...

15 December 2015

Latin American exports set to plunge, warns IADB

Exports from Latin America and the Caribbean will drop about 14% in 2015 because of a fall in prices and weak demand from key trading partners, the Inter-American...

15 December 2015

Messerschmidt leaves Commerzbank to start SCF business at AKA

Commerzbank’s head of structured commodity trade finance (SCTF) Mario Messerschmidt has brought to an end his fifteen-year tenure at the bank, announcing his departure...

15 December 2015

EBRD approves China's membership bid

The European Bank for Reconstruction and Development (EBRD) board of governors has approved China's request to become a shareholder. The move will open up...

15 December 2015

Traders cash in amid oil price plunge

Companies are cutting costs amid the crude price crash but oil traders are making a killing. Trafigura reported record earnings just days after Glencore said it was...

15 December 2015

Mongolia's Oyu Tolgoi mine secures $4.4bn financing

Five export credit agencies (ECAs) and 15 banks have agreed a $4.4 billion project finance deal for the expansion of Rio Tinto's Oyu Tolgoi underground copper and...

15 December 2015

EXIAR backs exports of cranes to Belarus

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and Transkapitalbank have agreed to a working capital financing insurance policy to boost exports...