Under the Export Development Guarantee (EDG), UKEF can provide partial guarantees covering up to 80 per cent of the risk to lenders for a maximum repayment period of up to five years.
TFG heard from Kevin Shakespeare, Director of Stakeholder Engagement at the Institute of Export & International Trade (IOE&IT), on the significant changes in how exporters and importers trade with the EU come 1st January of 2021 – the end of the transition period.
Skuchain, Inc. announced today the launch of the ECO system for precious metals trading, a joint project with Mitsubishi Corporation RtM Japan Ltd., the minerals trading subsidiary of Mitsubishi Corporation.
TFG heard from ICC Austria’s Trade Finance Week, in an update around Letters of Credit and Incoterms, the problems, challenges and opportunities. Featuring Bob Ronai and Hugo Verschoren
Cairo, 6 August 2020: –The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, is supporting the advancement of Mozambique’s energy industry and economy by committing up to US$400… read more →
Bolero is now part of the Marco Polo Network to advance digital trade settlement leveraging electronic Bill of Ladings and other digital documents August 5th 2020 (London / Dublin) – Leading… read more →
The European Investment Bank (EIB), the lending arm of the European Union, and the African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, are directing EUR 300m of financing… read more →
TFG heard from Arnaud Doly, CEO & Founder, Nabu, on how blockchain and AI can play a key role in helping reduce unmet demands in trade finance and completing the work that humans do to provide better trade finance services.
ICC has taken the lead to keep trade moving during the Covid-19 pandemic by publishing the eUCP and eURC eRules guidelines for faster and efficient trade transactions.
The only way to make Trade Finance standardisation and harmonisation opportunity to realise is to make the needed standards coordination and development resources openly available for the business process and systems developers.
A favourable context Foreign trade and inclusion in supply chains had already increased for Central & Eastern European (CEE) in recent years, boosted by most of its countries’ decision to… read more →
Smart Currency Business have collated predictions from major banks and highlighted key factors which may influence the pound, euro and dollar in their latest quarterly forecast.
London, UK – July 28 2020 Finastra today announced a new app available on its FusionFabric.cloud open development platform, Conpend TRADE AI. The app builds on the functionality of Finastra’s Fusion Trade Innovation technology… read more →
Nairobi, July 24th 2020 – As part of its mandate to strengthen the entrepreneurial fabric of the region, the Eastern and Southern African Trade and Development Bank (TDB) SME Programme is pleased… read more →