Latest News

Huh joins IBM from HSBC

Experienced trade finance banker Inwha Huh has left HSBC to join IBM global business services (GBS) as a partner in its financial services team

Bibby partners with IOE&IT for UK SME tool

Bibby Financial Services is partnering with The Institute of Export & International Trade (IOE&IT) to deliver new tools and solutions for UK exporters and importers relating to international currency markets

World Bank supports Mozambique transmission

The World Bank has approved a $300 million grant for Mozambique's $1.426 billion Temane regional electricity project (TREP)

EBRD debt for Kitka wind farm

The EBRD has provided €18 million ($20.4 million) of senior long-term debt to the 32.1MW Kitka wind farm in eastern Kosovo

Tunisia signs trade deal with Afreximbank

The Africa Export-Import Bank has signed on a $500 million programme of financings to support trade between Tunisia and the rest of Africa

Uzbekistan recruits wastewater adviser

Agency Kommunhizmat (CSA) has invited consulting firms today (25 June 2019) to express their interest to advise on upgrading the wastewater systems of six Uzbek cities, improving sanitation practices in two rural settlements and building wastewater planning and operational capacity at Tashkent Provincial Suvokova

EBRD lends to waste management in Turkey

The European Bank for Reconstruction and Development has signed a loan for a waste management PPP in Canakkale, Turkey

EC commits to AfDB's small-scale renewables fund

The European Commission has committed roughly €40 million ($46 million) to the Facility for Energy Inclusion (FEI), a debt platform targeting investments in small-scale renewables in Africa

EBRD considers renewables expansion in Kazakhstan

EBRD has reviewed the concept of a $341 million second phase of debt financing for Kazakhstan’s renewable energy generation and grid transmission projects

ADB further supports Trade Finance in Uzbekistan

The Asian Development Bank has completed a training course on trade finance for a leading bank in Uzbekistan as it looks to further support import and export activities in the country

IFC to finance Jakarta waste-to-energy plant

The International Finance Corporation (IFC) will be providing a financing package for the 35MW Sunter waste to energy plant in Jakarta, Indonesia’s capital

Trade Ledger debuts invoice financing solution

Sydney-based corporate banking platform Trade Ledger has launched its new invoice financing tool to financial institutions in Australia, Europe and Asia

UKEF provided £6.8bn in support in 2018

UK Export Finance, the export credit agency of the UK government, has revealed that it provided a total of £6.8 billion in financing support for UK exports in its last financial year

JICA signs loan for Mindanao road network

Japan International Cooperation Agency (JICA) has signed a US dollar denominated $202 million overseas development aid loan for the 177km Mindanao conflict-affected road network with the Filipino government

ADB reissues Myanmar road advisory tender notice

Asian Development Bank has re-advertised a request for expressions of interest from information systems companies to assist Myanmar’s Ministry of Construction (MOC) in enhancing road concessions

FMO to lend to Srei Equipment Finance

Dutch development bank FMO is to provide a loan of $30 million to a subsidiary of India-based Srei Infrastructure Finance

JBIC and NEXI extend debt to SUEK

Russian mining company SUEK has signed a MoU with Japanese ECAs for a new $50 million credit line