Fintech platform CCRManager has appointed Albert Lim as chief representative, credit insurance in Singapore

Non-bank working capital provider Greensill Capital has acquired the US-based receivables securitisation specialist Finacity for an undisclosed fee

The government of Western Australia has granted the environmental approval for Kalium Lakes’ sulphate of potash production at Beyondie in the Sunshine Lakes area, 1,200km north of the capital Perth

Telecom Argentina has closed a financing package with IDB Invest for up to $300 million, to allow the expansion of broadband services

Default rates for trade finance products over the last decade have been below 1%, according to the latest report from ICC Banking Commission

The Asian Development Bank (ADB) has selected a transaction adviser to assist Cambodia's Ministry of Public Works (MPWT) in selecting a private developer for a logistics PPP project

The African Development Bank (AfDB) has signed a €150 million ($170 million) debt package for two combined-cycle gas turbine (CCGT) power plants under development in Côte d'Ivoire

A development finance institution (DFI) has awarded a $555,650 advisory role to a two-firm team to assist Myanmar’s Ministry of Construction (MOC) in enhancing road concessions

Japan’s export loan insurer Nippon Export and Investment Insurance is widening the criteria for offering insurance on infrastructure-related loans

Finnish Development Finance Institution and Norwegian Investment Fund for Developing Countries have signed on a $10 million C&I financing with a Nigerian energy services provider

MUFG Bank is to set up a $925 million fund to invest in overseas infrastructure projects, the largest to date by a Japanese bank

Germany-based fintech company MODIFI has completed a €5.5 million funding round to support the expansion of its trade finance platform to the Indian market

Kenton Hartwell has left Crown Agents Bank to become the new general manager of London-based boutique merchant bank Africa Merchant Capital Group’s trade finance division

Morocco’s BMCE Bank of Africa has used Temenos technology to meet requirements for a new banking licence in China

Duqm Refinery and Petrochemicals Industries Company has awarded the front end engineering design contract for the second phase of the downstream project to UK-based Wood Group

Energias de Portugal’s Brazilian subsidiary, EDP Renováveis Brasil, will issue $22.5 million in senior secured debentures due in 2033 for its wind portfolio located in the Brazilian state of Bahia

Banco Sabadell’s fully-controlled Sinia Renovables has acquired a 10% stake in two DFI-backed projects located in Peru

SIMEC Energy Australia has lined up three Chinese banks to lend on the Cultana Solar Farm in South Australia, having brought on board Shanghai Electric and Wuxi Suntech as EPC and O&M contractor and module supplier, respectively

An ACWA Power-led consortium expects to reach financial close next week on the $1.5 billion, 1.5GW Al Dur 2 IWPP in Bahrain, supported by a debt package that includes an international tranche covered by Euler Hermes