Latest News

Coface names Latin America CEO

Coface has picked Carmina Abad Sánchez as its new CEO for Latin America.

Norton Rose joins Accord Project

Norton Rose Fulbright has joined the Accord Project, an open source smart contract technology organisation.

Turkmenistan closes on Lebap gas-fired loan

The government of Turkmenistan has signed a $268 million loan package for the 400MW Zerger Lebap gas-fired power plant.

Globeleq and CDC finance Kenyan solar plant

UK development finance institution CDC and Globeleq have provided $66 million of debt to finance the 52MWp Malindi solar PV plant in South East Kenya.

Afreximbank launches due diligence platform

Afreximbank has launched its own due diligence platform with the aim of becoming the continent’s best resource for compliance.

Iranian and Omani ECAs sign MoU

The Export Guarantee Fund of Iran and Credit Oman, the two nations’ ECAs, have signed an MoU that will boost their cooperation.

Bladex syndicates $175m three-year loan

Panamanian multilateral Bladex has mandated MUFG to lead a three-year $175 million syndicated loan, according to reports.

IFC arranges $100m loan for TPBank

The IFC is providing a syndicated loan of $100 million to TienPhong Bank (TPBank) for on-lending to micro, small and medium firms in Vietnam, according to an announcement.

EKN names chairman

Swedish ECA EKN has named Hans Lindberg as the chairman of its board of directors.

Bolero makes senior hires

Bolero has named two new senior hires, according to an announcement by the fintech company.

Frontierpay opens Asia hub

Frontierpay has opened an office in Singapore to boost its growth in Asian markets, according to an announcement by the firm.

PJ Solomon named renewables MD

Advisory firm PJ Solomon has named James McGinnis as managing director of its renewables coverage.

Euler Hermes forecasts 2019 growth slowdown

The world economy’s growth will slow down to 3.1% next year, compared with an expected 3.3% in 2018, according to Euler Hermes.

Proposed JV credit positive for Embraer, neutral for Boeing: Fitch

The planned joint venture between Boeing and Embraer’s commercial aircraft arms will be positive for the Brazilian manufacturer’s debt ratings but neutral for its US counterpart’s, according to rating agency Fitch.

KfW commits extra funding to Iraqi infrastructure

German development bank KfW has signed on two loan agreements totalling $269 million to support a range of infrastructure project across the provinces of Niniveh, Al-Anbar and Salah Ad-Din in northern Iraq.

KfW IPEX-Bank lends €786m to Carnival

KfW IPEX-Bank has agreed to lend €786 million ($923 million) to Carnival Corporation, the leisure travel giant, for the construction of new cruise ship.

Equinor buys Danske Commodities

Equinor will buy Danish energy trader Danske Commodities for €400 million ($468 million) as it broadens into new energy solutions.

Chevron puts North Sea portfolio on sale

California-headquartered oil and gas major Chevron has confirmed that a decision has been taken to initiate the process of marketing all its UK Central North Sea assets