Often described as the lifeblood of international commerce, a bank can only refuse payment under an LC if the documents are non-compliant or if the seller who seeks presentation, has… read more →
This initiative reflects TFG’s dedication to maintaining high editorial standards and delivering impactful content to its rapidly growing audience of over 160,000 readers and 7.1 million organic impressions per month.… read more →
ABN AMRO Bank has gone live using Commercial Banking Applications AS (CBA)’s IBAS to help combat financial crime.
British International Investment (BII) has committed up to $35 million towards the development of the first deepwater container port in DRC
The African Development Bank (ADB) Group has approved a $40 million transaction guarantee facility for Dashen Bank, aimed at enhancing trade finance activities in Ethiopia. Nnenna Nwabufo, Director General, East… read more →
The global economy has always undergone changes. From the agrarian-based economy in the 18th century to the advent of the Industrial Revolution, from sailboats to steamships, there has always been a shift in economy, industry, and, ultimately the dynamics of a country.
Mansa, a pioneering fintech providing finance to emerging markets, announced on July 29 that it would provide its first pool on Base, a low-cost Ethereum-equivalent L2 blockchain. This is a significant milestone for Mansa, whose mission it is to democratise access to financing and liquidity to emerging markets in Africa; the launch is expected to boost cross-border payments and increase take-up of trade finance instruments in the region, especially for SMEs.
Toronto, 30 July 2024 – Surecomp® today announced a new collaboration with Visa, a world leader in digital payments.
In this 2-part series, TFG’s Deepesh Patel spoke with Adam Harwood, Associate, A&O Shearman and Bob Penn, Partner, A&O Shearman, breaking down CRD VI and its implications on the syndicated lending and trade finance industry.
