To assist in providing essential financing for importers and exporters of crucial goods in Africa, particularly in smaller, fragile, and conflict-affected states, IFC has established a risk-sharing facility with Deutsche Bank worth up to €215 million.

At ICC Austria’s Trade Finance Week in Vienna, Trade Finance Global sat down with Andrea Tang, Legal Services Director at the International Federation of Freight Forwarders Association (FIATA), to discuss a few of these developments.

Learn the risks of working with non-approved customs brokers and how to protect your business. Stay compliant with import regulations and avoid unnecessary penalties.

The package bans the re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of prohibiting imports

There are few regions as pivotal to global trade as the Middle East. The petroleum-rich area is the source of roughly one-third of the world’s oil production. When geopolitical tensions in the Middle East force up oil prices, the whole world catches a cold. 

Trade Finance Global dives into the report’s findings and features insights, speaking exclusively to Richard Wulff, Executive Director of ICISA.

At the IFC Global Trade Partners meeting in Barcelona, Spain, Trade Finance Global’s Editor, Deepesh Patel, sat down with Parvaiz Dalal, Global Head of Trade Payables at Citi, to discuss the bank’s recent collaboration with the IFC and its implications for supply chain finance.

For over two decades, the International Finance Corporation (IFC), the World Trade Organization (WTO), and multilateral development banks (MDBs) have been partners in enhancing global trade finance. 

On Wednesday, the European Union announced a 17-38%  tariff on Chinese electric vehicles. The tariffs will be introduced by law on 4 July.

FCI has released their Annual Review for 2023, highlighting a return to pre-pandemic stability in the global factoring market.