The European Investment Bank (EIB) and the Eastern and Southern African Trade and Development Bank (TDB) will support a new targeted financing initiative, investment in businesses across Africa that were… read more →
The Board of Directors of the African Development Bank Group has approved a dual-currency Trade Finance Line of Credit for ECOWAS Bank for Investment and Development (EBID) comprising $50 million… read more →
The latest issue of TFG’s Trade Finance Talks, ‘Sailing into 2023: Navigating the new year’, is out now!
‘Permacrisis’ was crowned word of the year by the editors of the Collins English Dictionary at the end of 2022, defined as “an extended period of instability and insecurity”. It seems an appropriate term to describe the state of global trade, finance, and supply chains as we enter 2023.
The implementation of the African Continental Free Trade Area (AfCFTA) should be expedited as the free trade zone will boost intra-African trade and accelerate industrialisation, the Economic Commission for Africa… read more →
Gunvor Group, a leading independent trader of liquefied natural gas (LNG) worldwide, has renewed its syndicated borrowing base facility (the “facility”) to support the working capital needs of the company’s… read more →
TFG asked Francoise Huang, senior economist for Asia Pacific and Trade at Allianz Trade, John Miller, chief economic analyst at Trade Data Monitor, and Richard Wulff, executive director at ICISA, to give their thoughts on the 2023 trade environment.
Exploring new opportunities for financing energy projects in Africa, the African Energy Chamber (AEC) will host a New Year reception at the Waldorf Hilton in London, supporting European investment opportunities… read more →
The Eastern and Southern African Trade and Development Bank (TDB) has extended a $100 million trade finance facility to Agri Commodities and Finance FZE-LLC (ACF), a subsidiary of the Export… read more →
The Board of Directors of the African Development Bank (ADB) has approved a $10 million trade finance Transaction Guarantee (TG) to Banco Fomento de Angola S.A. (BFA). Leveraging BFA’s strategic… read more →
United States Trade Representative Katherine Tai has spoken of the significance of Africa’s integration into global supply chains after the signing of a Memorandum of Understanding (MoU). During the US-Africa… read more →
NetGuardians, a Swiss enterprise risk platform, specialising in combating financial fraud, has announced that Bank of Africa will use NetGuardians’ fraud prevention software to further safeguard its assets and branches… read more →
UK Export Finance (UKEF) has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to forge a new relationship with UK exporter Vespertec to unlock growth… read more →
The International Finance Corporation (IFC) and the Bank of Industry (BoI) have partnered to strengthen trade and boost access to finance for micro, small and medium-sized enterprises (MSMEs) in Nigeria.… read more →