The UK has completed its key step required for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) earlier than expected.
Afreximbank finalised arrangements for a facility of $250 million with the ITFC and $100 million with the ICD.
The European Bank for Reconstruction and Development (EBRD) is extending its support for Ukraine by establishing an unfunded portfolio risk-sharing facility with OTP Leasing.
EBRD President Odile Renaud-Basso said that the EBRD remains a pillar of stability in its regions amidst an increasingly fragmented & volatile world
IFC and Absa provide $60 million commodity trade finance facility to Volcafe, benefiting East African coffee farmers.
Today, the International Finance Corporation (IFC) and Egypt announced a $100 million financing deal at the “IFC Day in Egypt”.
IFC’s whitepaper, “Banking on Women Who Trade Across Borders”, highlights the need for gender equality in international trade & trade finance.
The expanded connectivity for TReDS providers means the global standard for privacy-preserving fraud prevention technology is now in India.
Foreign direct investment (FDI) into Europe saw a decline in 2023, decreasing by 4% from the previous year and now stands 11% lower than the pre-pandemic levels of 2019, as per the findings of the annual EY European Attractiveness Survey 2024, which is regarded as the most thorough annual examination of FDI into the continent.
A comprehensive Digital Trade Gap Assessment released by the World Bank provides an analysis of the Information and Communications Technology (ICT) framework across the Horn of Africa Initiative (HoAI) countries.