The UK has provided loan guarantees allowing Standard Chartered Bank to organise financing, enabling British exporter Innovo Group to secure a €415 million contract for essential infrastructure projects in Benguela Province, Angola, situated on the west coast adjacent to the Atlantic Ocean.
Today, the ICC DSI released their 2023 Key Trade Documents and Data Elements (KTDDE) report. The report outlines 14 key trade documents, going into depth on the definitions, purpose, and legal frameworks.
The African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with Morocco’s Government, represented by its Ministry of Economy and Finance. This MoU aims to establish a $1… read more →
In the realm of trade, treasury and payments, the quest for seamless transactions and the bridging of technological divides has taken centre stage. At Sibos 2023 in Toronto, the panel “Corporate to Bank APIs for Guarantees – Are we Future Ready?” focused on the role of standardisation in driving technological development for the industry.
The increasing frequency, intensity, and unpredictability of climate crises have significant implications for the sustainability of sovereign debt due to the impacts on debtors’ repayment abilities.
During ICISA’s Trade Credit Insurance Week 2023, CEO and co-founder of Tinubu, Olivier Placca, will speak to the conference about leveraging Artificial Intelligence (AI) for Trade Credit Insurance Advantages. This… read more →
Last month, the euro zone saw an unprecedented reduction in circulating money as banks cut back on lending and savers stashed away their funds. These developments are direct outcomes of… read more →
At Sibos, Citi Treasury and Trade Solutions (TTS) has unveiled the initiation and testing stage of Citi Token Services, an innovative platform engineered to improve cash management and trade finance… read more →
The financial landscape has undergone a seismic shift in recent years. From zero or negative interest rates to the COVID-19 pandemic and geopolitical tensions, the world has seen it all. Amidst this backdrop, the role of private credit has evolved significantly.
Tinubu, a global provider of surety and credit insurance technology, recently announced that its platform, “Tinubu Surety Solution for Brokers and Agents“, is now used by 50% of the annual… read more →
