The World Bank has granted nearly $300 million to the Eastern and Southern African Trade and Development Bank (TDB) to enhance distributed renewable energy (DRE) and clean cooking ventures within… read more →
Europe remains one of the most important continents for African trade, but recent years have seen a decline relative to other regions, with a notable uptick in flows from China and MEA regions.
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.
Micro, small and medium-sized businesses are the backbone of employment and economic growth in West Africa. How can short-term credit insurance help these businesses to grow and prosper?
The trade finance industry has long strived for inclusivity. It recognises the importance of embracing an overarching vision that fundamentally reimagines its practices. To fully realise this vision, it is imperative to actively engage African voices in trade finance discussions.
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 →
Virgin Money has been accredited under UK Export Finance’s (UKEF) General Export Facility (GEF) programme, allowing more businesses to access export finance support. Samir Parkash, the interim CEO of UKEF,… read more →
As global central banks hike rates to rein in inflation, and businesses battle with sourcing goods through choked supply chains exacerbated by the war in Ukraine and Chinese lockdowns, Africa finds itself with a growing problem–accessing US dollar liquidity.
The WTO Director-General has extended the WTO Ministerial Conference by a day in a bid to secure some form of agreement around trade deals. With a potential food security crisis looming for developed countries, can an eleventh hour agreement be reached?
The latest IPCC report drives further urgency to ECAs’ plans to increase funding for green and sustainable deals and to rebalance portfolios with long-dated carbon-intensive assets
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
The first half of 2021 should be similar to the year 2020, marked by the strongest global recession since the end of the Second World War.
The impact of AfCFTA will not just be economic. The free trade agreement will bring long term social and environmental change for the continent.
Cairo, 04 November 2020: – The African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, partners with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic… read more →
Ian Sayers, ITCs Senior Adviser for Access to Financing takes a closer look and explains how they may support ITCs work to improve conditions for the continent’s MSMEs.