Factoring in Africa allows businesses to sell their accounts receivable at a discount to gain immediate cash flow, is gaining traction across the continent, buoyed by significant growth and the support of institutions like Afreximbank and FCI.
Today, Visa announced a partnership with Western Union, helping increase cross-border payments access 40 countries spanning five regions.
Customs compliance obligations have to be met when importing and exporting goods to ensure that the documentation related to the accompanying goods is generated in adherence with the legislation of the importing and exporting countries.
Learn why data is crucial in navigating geopolitical & sanctions risks within the payments space, ensuring compliance & financial integrity.
Learn about the debt crisis that African governments are facing & the need to renegotiate debts in order to avoid defaulting.
Explore the modern concept of commodity finance. Learn about trades, costs, and the power of commodities in today’s markets!
Non-oil exports drove economic growth in Oman in 2022. Learn how the government is promoting & supporting the export sector.
In this episode of Trade Finance Talks, TFG’s Deepesh Patel, spoke with Dominic Broom, Senior Vice President of Working Capital Technology at Arqit, exploring the imperative of striking a balance between the advantages of digital transformation and safeguarding critical data.
To date, 12 shipping companies, in addition to numerous corporates, have suspended activities in the Red Sea, instead choosing to reroute their journeys around the Cape of Good Hope in South Africa.
Deutsche Bank closes US$3.5bn issuance of TRAFIN 2023-1, fifth iteration of synthetic securitisation
Deutsche Bank today announced the US$3.5bn issuance of TRAFIN 2023-1, the fifth iteration of its trade finance significant risk transfer synthetic securitisation
In collaboration with the Ukrainian government, Ukreximbank, Ukrgasbank, and DZ Bank, Marsh McLennan has announced Unity, a new insurance facility designed to offer cost-effective insurance for exporting grain and other… read more →
2022 insurance highlights Trade credit insurance has been pivotal in risk management for businesses, notably in mitigating the risk of unpaid invoices, a major concern affecting business continuity. A closer… read more →
The overreaching arc of sanctions regulations is threatening the certainty of payments guaranteed by the smooth functioning of letters of credit (LC) in international trade. This tension recently played out in the Singapore courts in a judgment handed down recently (Kuvera Resources Pte Ltd v JPMorgan Chase Bank, N.A. [2023] SGCA 28).
In the vibrant setting of FCI’s 55th annual meeting in Marrakesh, Deepesh Patel, editor at Trade Finance Global, engages in a revealing conversation with Richard Wulff, the executive director at ICISA, shedding light on the intricacies of credit risk insurance and the current challenges faced by the industry.