Bank ABC and SACE announce €24.9 million sustainability-linked credit arrangement for Saudi Paper Manufacturing Company. Find out more here.
Category: News
News
Allianz Trade releases first Country Risk Atlas: UK ranked as “medium risk” for enterprises
Explore the Allianz Trade Country Risk Atlas for insights into key economic trends & country risk assessment model.
United States to reinstate sanctions on Venezuela
US sanctions reinstated on Venezuela; Venezuelan Supreme Court prohibits opposition leaders’ candidacy in upcoming presidential elections.
UNCTAD highlights global trade crisis amid maritime disruptions
UNCTAD expresses deep concerns over increasing disruptions to global trade & Jan Hoffmann evaluates the circumstances in a briefing.
CarbonChain, thyssenkrupp launch carbon tracing tool for green procurement
CarbonChain and thyssenkrupp Materials Services partner to drive decarbonisation through carbon traceability & intensity reports.
US halts LNG export approvals amid environmental review
President Joe Biden announced a temporary halt on Friday to the pending approvals for exports from new liquefied natural gas (LNG) projects. This decision, welcomed by climate campaigners, could postpone the finalisation of new facilities until after the 5 November election. The Department of Energy (DOE) will utilise this interval to assess the economic and… Continue reading US halts LNG export approvals amid environmental review
Impasse over UK and Canada’s free trade negotiations
Recent British-Canadian free trade negotiations have been put on hold due to market access barriers – find out why.
United States economy defies predictions in Q4 of 2023, grows by 3.3%
Latest report from the Commerce Department reveals the U.S. economy was 3.3% higher in fourth quarter of 2023, due to consumer spending.
Societe Generale, IFC partner for sustainable finance in developing countries
Societe Generale and IFC partner to provide enhanced financial solutions for developing countries, focusing on clean energy, water and SMEs.
Singapore ratifies UK’s entry into CPTPP
On Tuesday, Singapore approved the UK’s accession into the CPTPP. Read more about the benefits and what experts say about the accession.
Not just the Red Sea: Panama Canal crossings down 36%
A prolonged drought beginning last year has led to a 36% reduction in ship crossings at the Panama Canal, a crucial global trade passage. Panama’s authorities announced on Wednesday that the new restrictions are likely to have a more substantial economic impact than initially anticipated. According to Panama Canal Administrator Ricaurte Vásquez, the canal could… Continue reading Not just the Red Sea: Panama Canal crossings down 36%
Asian green trade bolstered by $100m BII, ADB TSCFP risk sharing agreement
British International Investment (BII), the UK’s development finance institution and impact investor, together with the Asian Development Bank (ADB), a regional development bank for Asia and the Pacific, announced their collaboration to finance up to $100 million in green trade transactions across the region.
Afreximbank announces Nigeria’s largest oil prepayment facility, totalling $3.3bn
The African Export-Import Bank (Afreximbank) has effectively organised a syndicated $3.3 billion crude oil prepayment facility, under the sponsorship of the Nigerian National Petroleum Company Limited (NNPCL). An initial amount of $2.25 billion has already been distributed, with a further $1.05 billion anticipated in a subsequent tranche. This finance arrangement is notable for being Nigeria’s… Continue reading Afreximbank announces Nigeria’s largest oil prepayment facility, totalling $3.3bn
Kicking off Davos: Chief economists highlight global economic risks and AI impact
Global economic prospects remain tempered and are surrounded by uncertainty, as highlighted in the newest Chief Economists Outlook released today during the start of Davos.
Export Development Canada exceeds 2023 cleantech business support by $2bn
The Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, has announced that Export Development Canada (EDC) surpassed its own expectations by providing over $12 billion in support to cleantech businesses in 2023.