Under this partnership, the IFC will provide Banco Safra with risk mitigation and connect it to its network of major international banks to set up partnerships on trade finance facilities.… read more →

On Tuesday 1 October, the African Development Bank (AfDB) announced it was partnering with Bank of Africa Morocco (BOA) to provide the Moroccan bank with a €70 million trade finance facility.

A company’s understanding of risk—across partnerships and operations—is becoming the primary defence in times of heightened uncertainty. For trade finance, this plays out most acutely in the supply chain. From Ukraine to the South China Sea, ongoing cyber and wartime security threats mean that the supply chain finance market feels the full weight of geopolitical unrest. 

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.

August 28, 2024, London—Trade Finance Global (TFG) is excited to announce the addition of three more industry leaders to its editorial board.

Everyone loves a first birthday party.  The Electronic Trade Documents Act (or ETDA as it is affectionately known) celebrates that milestone on 20 September 2024.  Whilst 12 months is barely a beat in the life of a statute, now nonetheless seems like an appropriate moment to reflect on its progress to date. 

The International Trade and Forfaiting Association (ITFA) has been facilitating global trade finance by connecting various stakeholders, fostering collaboration, and driving innovation.

To learn more about the current state of credit insurance in trade finance, Trade Finance Global (TFG) spoke with Marcus Miller, Managing Director, Global Lenders Solutions Group Leader, Credit Specialties, and Marie-Aude Vesval, Global Unfunded Risk Participation Leader, Credit Specialties at Marsh.

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.