Latest News

Top Story

IsDB lists debut green sukuk

The Islamic Development Bank has listed a €1 billion green sukuk on the Nasdaq Dubai – the proceeds of which will be funnelled into climate change and green projects in the bank's 57 member states

The importance of standards in trade

Ahead of the World Trade Symposium, 6-7 November, in New York, Dr. Rebecca Harding CEO Coriolis Technologies and World Trade Board member, looks at why the importance of common standards in trade can’t be understated.

Afreximbank postpones IPO

The African Export-Import Bank has said it is to delay it planned initial public offering due to “unfavourable market conditions”

EIB signs loan for Malawi road rehab

The European Investment Bank (EIB) has signed with the Roads Authority of Malawi (RA) a €120 million ($133 million) loan for the €191 million rehabilitation of the 347km M1 road in the Southern African state

Emmerson boosts potash mine size estimate

Morocco-focused mining developer Emmerson has upscaled the resource estimate of its Khemisset Potash Project in northern Morocco by 72% following a JORC-compliant review of the mine

Softbank increases its investment in Greensill

Non-bank working capital provider Greensill Capital has announced that Softbank Vision Fund has invested a further $655 million into the business

VTB and Afreximbank sign trade finance deal

African Export-Import Bank has signed an agreement with Russian lender VTB Bank to boost trade finance provision in Africa

China Development Bank signs loan for Nigerian port

China Development Bank (CDB) has signed with Singaporean conglomerate Tolaram Group a $629 million loan for the Lekki deep seaport project in Lagos State, Nigeria

AIIB steps towards Eurasia fund investment

Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has reached a final review decision to invest up to $125 million in a private equity fund targeting sectors including renewables and transport in Eurasian markets

Q3 2019 Trade Finance league tables

Global trade and export finance volumes were significantly boosted in the third quarter by a couple of major transactions in the LNG sector

Amundi launches new silk road fund

Paris-based asset manager Amundi has launched a fund targeting markets that benefit from the development of the new silk roads across Africa, Asia, Europe and the Middle East

Multilateral guarantees for Colombian renewables

Colombia’s development bank, Financiera de Desarrollo Nacional, has obtained guarantees totaling $81 million from multilateral institutions to support renewable energy project finance in the country

Afreximbank in talks to fund Zimbabwean platinum mine

An Afreximbank-led bank syndicate is in "advanced" talks with the sponsors of a platinum mine in Zimbabwe to lend on the project's $500 million first phase

ADB awards advisory mandates on Uzbek solar

The Uzbek Government’s transaction adviser has selected two teams to assist on a 100MW solar power project in the south east of the country, following a month-long assessment

ACWA Power signs Bangladesh power pact

Riyadh-based ACWA Power has signed a memorandum of understanding with the Bangladesh Power Development Board to develop a $3 billion regasified LNG combined-cycle power plant and LNG terminal complex