On Tuesday 1 October, the African Development Bank (AfDB) announced it was partnering with Bank of Africa Morocco (BOA) to provide the Moroccan bank with a €70 million trade finance facility.
The practice will provide firms with expert advice and support on challenges related to trade and customs, from navigating new IT systems to wider supply chain digitisation and complying with… read more →
ANZ, the Australian bank, has joined the Monetary Authority of Singapore’s (MAS) Project Guardian. Project Guardian is a collaborative initiative to explore the potential of tokenised real-world assets in financial markets.
Moglix, the Indian B2B e-commerce company, is investing $50 million in Credlix, a leading global provider of supply chain financing, for their expansion into the US and Mexico.
Etihad Credit Insurance (ECI), the UAE export credit company, and three partners signed a joint agreement on Tuesday, September 17 to support global commodities giant Trafigura in expanding their acquisition of commodities from the UAE.
Nedbank Corporate and Investment Bank, the Johannesburg-based bank, has announced a strategic partnership with UAE logistics provider
British International Investment (BII), the UK’s development finance institution, has announced plans to provide up to £30 million to bolster Ukraine’s international trade amid ongoing economic challenges.
The Prudential Regulation Authority (PRA) has released its second policy statement on the implementation of Basel 3.1, set to take effect in January 2025.
Its central persona, of a girl who “feels like herself but maybe also has a breakdown, but […] parties through it”, has reinvigorated the US presidential race (and found its… read more →
Fitch Ratings has upgraded Turkiye’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’, citing improved external buffers and reduced contingent foreign exchange (FX) liabilities. The outlook is stable.
