Your Monday morning coffee briefing from TFG:

Trouble ahead: China trade sector poised for decline

UK appoints new trade commissioner to Africa

Australia pledges AUD 2.9 million to boost developing-country exports of safe food

Fintechs have an advantage, but they’re at risk of wasting it

Cloud technology in Africa and the Middle East: a tool for growth

Here today, gone tomorrow: next-gen trade finance

Ameropa announces closing of upsized $1.1 bn revolving credit facility

Trouble ahead: China trade sector poised for decline

Just as China’s trade sector recovers from COVID-19 lockdowns, the world’s largest exporter now faces weakening global sentiment and increasing inflation. Read more →

UK appoints new trade commissioner to Africa

The UK has a new trade commissioner to Africa.  On June 23, Anne-Marie Trevelyan, the UK’s international trade secretary appointed John Humphrey to the role. Read more →

Australia pledges AUD 2.9 million to boost developing-country exports of safe food

Australia is contributing AUD 2.9 million to help developing countries and least-developed countries (LDCs) deepen their integration into the world economy.  Read more →

Fintechs have an advantage, but they’re at risk of wasting it

Fintech growth over the last five years has been exponential, with investment in UK fintech hitting £27.5 bn in 2021 – but the high reward also means high risk. Read more →

Cloud technology in Africa and the Middle East: a tool for growth

Governments and businesses across the Middle East and Africa are digitising at a rapid pace, shifting from on-premises hardware and manual processes to SaaS. Read more →

Here today, gone tomorrow: next-gen trade finance

TFG spoke with fintech professionals about their thoughts on the future of trade finance, and what solutions they think are needed for the next generation. Read more →

Ameropa announces closing of upsized $1.1 bn revolving credit facility

AMS Ameropa Marketing and Sales AG, announced completing the full refinancing of its $750 million revolving credit facility. Read more →