The partnership’s first transaction supported a leading global food company’s cocoa procurement from Côte d’Ivoire, the world’s leading cocoa producer; this will unlock over $70 million in annual procurement opportunities.… read more →
As these nations grapple with mounting climate impacts, their banking sectors face a critical juncture. There are two options: drive the transition to a green economy or risk being overwhelmed… read more →
The Paris-based organisation warned that mounting protectionism could disrupt the pace of the global energy transition, as companies adopt a “wait and see” approach to significant new investments dependent on… read more →
Mikael Björknert, the Swedish banker who became chief executive of Privatbank in January, told Trade Finance Global (TFG) that Ukraine’s economy was performing better than many expected, with GDP growth… read more →
The cloud-based solution will initially launch in South Africa before being rolled out to other markets as RMB strengthens its international presence in trade finance capabilities. The bank has operations… read more →
The USDB token, unveiled this week, is backed entirely by US and Brazilian government bonds and will be subject to regular audits, according to the São Paulo-based company. The stablecoin… read more →
Since the capture of Constantinople in 1453, trade has been a dominant aspect of the Ottoman Empire. From the spice trade along the Silk Road to field crops and fruits,… read more →
Trade credit insurance is the backbone of modern trade, making it possible for financing and shipping to happen despite global uncertainty. Because of the many players involved in a transaction… read more →
“Trade finance remains reliant on outdated processes that increase fraud, delay transactions, and inflate capital costs,” said Michele Sancricca, Secro’s co-founder and chief executive. The company has developed a blockchain-based… read more →
Norden will utilise waste-based biofuels across multiple voyages whilst transferring the associated emissions reductions to Microsoft through its book and claim solution, which allows companies to benefit from low-carbon fuel… read more →