Latest News

Nexim appoints new managing director

Nigeria Export-Import Bank (Nexim) has appointed Abubakar Bello as its new managing director.

SMBC finances Airbus A350-900s

Aircraft lessor SMBC Aviation Capital (SMBC) has financed the purchase of six Airbus A350-900s by Asiana Airlines.

Gunvor Singapore to launch revolver

Commodities trader Gunvor Singapore is due to launch its annual revolver refinancing in the week commencing 24 April 2017, and is seeking to raise $800 million

EDC closes $100m pull loan for Reliance Industries

Export Development Canada (EDC) closed a $100 million loan facility for Indian conglomerate Reliance Industries (RIL) last month, a spokesman has confirmed to Trade Finance

Afreximbank appoints legal director

The African Export-Import Bank (Afreximbank) has appointed Samallie Kiyingi as director of legal services.

Euler Hermes upgrades Argentina, Brazil and Egypt

Credit insurance company Euler Hermes has upgraded the country risk ratings of Argentina, Brazil and Egypt in its latest quarterly report.

Zambia launches tender for IFC's scaling solar II

Zambia has issued a request for qualifications (RFQ) for the initial 180MW of capacity to be procured under a second round of the IFC's 'scaling solar' initiative

Opic backs Tolo wind in Indonesia

US development finance institution Overseas Private Investment Corporation (Opic) will provide roughly $100 million in debt to the 60MW Tolo Wind farm project in Indonesia

PPA signing nears for Vietnam's Nghi Son 2 coal-fired

Marubeni and Korea Electric Power Corporation (KEPCO) have now signed the investment agreement for the JBIC-backed 1,200MW Nghi Son 2 coal-fired power project

Fincantieri nets two more cruise ship orders

Italian shipbuilder Fincantieri has signed a memorandum of understanding (MoU) for two more cruise ship orders from Viking Ocean Cruises (Viking), with options for a further two.

Trump nominates US Ex-Im head

President Donald Trump plans to nominate former Republican lawmaker Scott Garrett as President of the US Export-Import Bank (Ex-Im).