7 August, New York, USA – Standard Chartered announces the successful closing of a six-year USD235 million non-recourse senior secured term green loan facility to fund the development, construction, and operation of a 1.35 million square foot solar photovoltaic manufacturing plant in Wilmer, Texas, USA, for Trinasolar, a leading global renewable company.

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.

International Finance Corporation (IFC) and Citi have signed an agreement to implement a $500 million facility in Mexico.

Corporate banking is undergoing a transformative shift, with artificial intelligence (AI) and the array of next-generation technologies linked to it playing a pivotal role. However, the industry is still exploring ways to fully harness the technology’s potential; to evolve quickly with change while managing associated risks.

Trafigura Group Pte Ltd and Greenergy, a UK-based supplier of road fuels and a major European biodiesel producer, announced that Trafigura has completed the acquisition of Greenergy’s European and Canadian supply businesses from Brookfield Asset Management and its listed affiliate Brookfield Business Partners.

In a time when global geopolitical and macroeconomic relationships are becoming increasingly strained, the international trade community needs to find ways to collaborate and share best practices. 

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. 

Trade negotiated on the Finteum Platform, which uses R3’s Corda, and executed on the TP ICAP UK MTF, with Finteum also acting as the arranger

Toronto, 30 July 2024 – Surecomp® today announced a new collaboration with Visa, a world leader in digital payments.

The Asian Development Bank (ADB) and the International Finance Corporation (IFC) have jointly published a Reference Note to better define sustainable trade finance and set eligibility criteria for related deals.… read more →