Latest News

Change at the top for NordLB

The structure in the upper echelons of NordLB is continuing to shift with news that the German bank’s London-based global head of structured finance is retiring

IFC to back KIMB solar investments in Yemen

The International Finance Corporation will assist Yemen’s Al Kuraimi Islamic Microfinance Bank to develop a financing model to support new solar PV projects in the country

New anchor investor for Nigeria’s InfraCredit

Nigerian infrastructure debt guarantee provider InfraCredit is about to sign with a third anchor investor, IJGlobal understands

TradeIX opens Singapore office

The trade finance-focused blockchain platform operator TradeIX has opened its first office in Singapore, established with two senior hires

DP World buys Nordic transport and logistics business

Dubai port operator DP World has signed a deal to purchase 100% of Denmark-based transport and logistics business Unifeeder for a $766 million enterprise value from private equity firm Nordic Capital

UKEF appoints regional export finance manager

UK Export Finance (UKEF) has appointed Robin Priestley as its new export finance manager for the Humberside and Teesside region of England

UK invests more in Caribbean infra fund

The UK government’s Department for International Development has signed on $39 million in additional grant funding for an infrastructure fund managed by the Caribbean Development Bank

Federated Investors and IsDB launch trade finance fund

US-based asset manager Federated Investors has launched a new investment platform with a subsidiary of the Islamic Development Bank which will invest in energy-related trade finance products

Bunge’s agri president retires

Bunge’s president of agribusiness, Brian Thomsen, plans to retire from the trader by the end of the year, according to an announcement.

Agreement signed for Alberta Carbon Trunk Line

Enhance Energy and Wolf Carbon Solutions have signed a project development and coordination agreement to construct and operate the Alberta Carbon Trunk Line

AfDB appoints two executives

The African Development Bank has announced two executive hires, both effective 1 September

Existing shareholders pre-empt on Teesside Oil Terminal

Existing shareholders, led by ConocoPhillips, have used their pre-emptive rights to block the sale of Equinor’s minority shareholding in Teesside Oil Terminal to infrastructure fund manager Antin Infrastructure Partners

Wesfarmers sells Bengalla coal mine stake

Wesfarmers has agreed to sell its 40% stake in the Bengalla coal mine in New South Wales to New Hope for $639 million