After 17 years of negotiating its ascension, Comoros has become the 165th member of the World Trade Organization (WTO) as of 21 August 2024. Comoros also accepted the WTO Agreement on Fisheries Subsidies, bringing the total number of acceptances to 82.
India introduced digital Trade Receivable Discounting System (TReDS) platforms in 2017 to help SMEs overcome late payment issues, with three licensed entities expected to reach $25 billion in throughput by FY 2024-25.
In the water sector, a drop in infrastructure financing challenges creates ripples across global markets. Export Development Canada (EDC), Canada’s state-backed export credit agency, has reportedly incurred significant losses after selling loans made to the debt-burdened UK utility Thames Water.
ABN AMRO Bank has gone live using Commercial Banking Applications AS (CBA)’s IBAS to help combat financial crime.
The Court of Appeal has reversed a decision regarding an offer under a Bankers Association for Finance and Trade (BAFT) Master Risk Participation Agreement (MRPA), in a case between Kimura Commodity Trade Finance Fund Limited and Yieldpoint Stable Value Fund, LP.
British International Investment (BII) has committed up to $35 million towards the development of the first deepwater container port in DRC
In today’s fast-paced and ever-changing world, the capacity of organisations to keep up with and manage risks across their supply chains depends on their ability to leverage on digitalisation to collect, analyze, and use electronic data to ensure the stability of global supply chains.
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 →
Data is king, especially as the industry slowly but surely embraces the move towards full digitalisation.
At the EBRD’s Conference on the Digitalisation of International Trade in Morocco 2024, Othmane Saadani, Lawyer and Partner at Saadani & Associates, presented the legal framework for digitalisation of trade in Morocco.
