Latest News

South Africa to break up Eskom

The government of South Africa has announced that the country's troubled electricity utility Eskom will be split into three separate entities

Consultant sought for ADB-backed Cambodian solar

Cambodia’s government has called for expressions of interest from international consultants to work on the contract for supply and installation of civil works, substation and transmission interconnection for the National Solar Park Project

Mantle joins Haynes and Boone in London

Finance lawyer Myles Mantle has joined Haynes and Boone as a partner in the firm's London energy practice group

UKEF supports bridges contract in Sri Lanka

UK Export Finance (UKEF) has announced a guarantee of £49 million in support of UK-based engineering company Cleveland Bridge’s contract to build 250 bridges in Sri Lanka

TriLinc signs TF loans for LatAm

TriLinc Global Impact Fund (TGIF) has signed on $18 million in new trade finance and term loan transactions in Brazil, Peru and Chile

EY mandated by Etihad Credit Insurance

The UAE’s export credit agency Etihad Credit Insurance (ECI) has awarded an advisory contract to EY as part of its strategy to support the country’s diversification away from oil dependence

AfDB and EC sign grants for West Africa road

The African Development Bank and the European Commission have signed up to $23 million in grants for the preliminary work on a 1,080km road connecting Côte d’Ivoire and Nigeria

Surecomp launches its open API platform

Trade finance fintech firm Surecomp has launched APIsure, the first open API platform for trade finance-related applications

HSBC picks Ramachandran to lead Jasmine22

HSBC has announced that Vivek Ramachandran has become CEO of its Jasmine22 venture, a new Google Cloud-based trading platform for SMEs

Taulia appoints Venables in London

US-based provider of working capital solutions Taulia has appointed David Venables in London as its UK and Ireland account executive

Euro Exim first bank to deploy xRapid

Euro Exim Bank has announced that it has integrated xRapid – the cross-border payment solution from blockchain and payments firm Ripple

OECD revises Uzbekistan credit risk rating

The Organisation for Economic Cooperation and Development has raised the credit risk rating of Uzbekistan, which should begin to open the country to foreign investment

Croatian gov to finance LNG project

The Croatian government has agreed to lend €100 million ($114.7 million) to the long delayed floating LNG project of the island of Krk

Emirates Global Aluminium closes on debt refi

State-owned Emirates Global Aluminium (EGA) has raised $6.5 billion from global and regional lenders to refinance corporate debt

Citi and ADB sign Armenia trade loan

Armenian bank Ardshinbank has signed a $35 million trade finance facility to support export companies in the eastern European country

Rolls-Royce inks Hinkley Point C power contract

Rolls-Royce has signed a contract with EDF to provide back-up power to the UK's 3.2GW Hinkley Point C nuclear power station in Somerset