Talking about trade and sustainability can be a double-edged sword: international trade is denounced by climate and anti-globalisation activists for polluting the planet, but many see great potential in trade to power a green transition. Like it or not, trade makes up almost 30% of global GDP; it has also lifted over a billion people out of poverty in the last decades, and is going to become an increasingly central part of the fight against climate change as more parts of the world become integrated in the global market.
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.
In a quickfire session at the 50th Annual Trade and Forfaiting Conference held at ITFA Abu Dhabi, TFG’s Deepesh Patel spoke with Sean Edwards, Chairman of the International Trade and Forfaiting Association (ITFA), about some of the key themes emerging throughout the conference.
Nedbank Corporate and Investment Bank, the Johannesburg-based bank, has announced a strategic partnership with UAE logistics provider
In the container shipping industry, players across the supply chain are at varying levels of digital maturity. From cargo owners and terminal operators to legislators and governments, the wide range of participants makes uniformity difficult to achieve. As does the vulnerability of global networks, prone to disruption now more than ever.
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.
On its golden jubilee, ITFA’s Annual International Trade and Forfaiting Conferences will be held from 4 to 6 September 2024 in Limassol, Cyprus.
As businesses strive to optimise processes, enhance efficiency, and meet growing customer demands, the tools they use need to evolve as well.
Recent leadership changes or upcoming elections in Nigeria, Ghana, and South Africa will impact economic and trade policy. This could be a tipping point for these countries, either strengthening their trade position or creating new challenges.
