Fintech companies entering supply chain finance are an opportunity rather than a threat to major banks, writes Deutsche in a report published this week on the state of the market.
The first live pilot deals have been completed on Batavia, the blockchain-based trade platform developed by a group of banks.
The Development Bank of Southern Africa has appointed Boitumelo Mosako as CFO. She joins the bank again after a stint at the South African Bureau of Standards.
Anette Eberhard, the CEO of Denmark’s ECA, EKF, has decided to step down after more than 17 years at the organisation.
After overcoming what turned out to be lower-than-expected generation capacity, the sponsors and lenders came together to close, after 4 years, the 98MW $700 million Rantau Dedap geothermal power plant in South Sumatra, Indonesia
Governments should better align development assistance with digital trade priorities, according to the UK division of the International Chamber of Commerce (ICC).
Mitsubishi UFJ Financial Group (MUFG) has named Regina Bruni as a director in its trade finance division.
Seychelles will tender a 4MW floating solar PV plant to be developed in the Lagoon le Rocher. The tender will launch later this month.
Mark Emmerson, a long-time trade financier at HSBC, has joined Commerzbank as MD, head of trade finance and cash management.
The European Bank for Reconstruction and Development (EBRD) will evaluate upping its lending in sub-Saharan Africa by as much as a third, according to Reuters.
A consortium led by Korea Electric Power and Marubeni has signed loans for the 1,200MW Nghi Son 2 coal-fired power plant in Vietnam.
The European Bank for Reconstruction and Development has issued a tender calling for consultants to assist the Egyptian Electricity Transmission Company with financial, legal and technical advisory for procuring PV, CSP and wind capacity. Bids are due on 16 April.
UK Export Finance (UKEF) has guaranteed financing of up to $400 million from Crédit Agricole to Petrobras.
Digital trade platform we.trade has firmed up as a legal joint venture and believes that test clients will be using the structure this summer.
The bid due date for Egypt’s 200MW Kom Ombo solar PV project has been put back by two months to 1 July
Norwegian developer Scatec Solar has made first draw down on the debt package for its 258MW trio of solar projects procured under South Africa’s REIPPPP
Alvean Sugar, the trader set up in 2014, has refinanced its revolver and increased its limit to $450 million.
Jordan’s Ministry of Energy and Mineral Resources received 16 bids for its round three solar PV tender from companies including Acwa Power, Masdar, FRV and Jinko Solar
World Bank Group member MIGA will provide guarantees for the Ejuva One and Two projects in Namibia, procured under the country's interim renewable feed-in tariff programme. Each solar PV plant represents 5MW of capacity.
Bangladesh and India have signed an MoU to build a 130km long cross-border oil pipeline.