According to Edwards, reducing the record-high $1.7 trillion USD global trade finance gap will be amongst the most important considerations facing the trade finance industry in 2023. The trade finance sector is developing several tools to address this issue.
To improve food security in Bangladesh at a time of rising commodity prices amidst a global shortfall of staple crops, the International Finance Corporation (IFC) is providing a $32.5 million… read more →
Mercuria, an integrated energy and commodity trading company, recently went live with CargoDocs electronic Bills of Lading (eBLs), having participated in its first ever paperless trade transaction for an iron… read more →
Gunvor Group has successfully closed a €570 million working capital transaction, which consists of a syndicated, pan-European natural gas repo facility covering multiple jurisdictions in Europe with a shared security… read more →
Since the UCP 600’s adoption in 2007, concern has persisted over what the Article 35 rule actually requires of an LC issuer if documents get lost in transit between banks.
Gunvor Group Ltd has signed a $1.645 billion sustainability-linked, multi-currency revolving credit facility (RCF) in favour of Gunvor International B.V. and Gunvor SA. The RCF received strong support from both… read more →
The International Chamber of Commerce (ICC) releases standards for sustainable trade, providing a framework that assesses the environmental sustainability of transactions.
TFG spoke to a Tunisian banker at EBRD 2022 about the state of play in Tunisia and why the Russia-Ukraine conflict has so severely impacted the country economically.
With a global energy and food crisis peaking, alongside hiking inflationary rates and geopolitical tensions, it may seem that the road ahead for the African continent is not as straightforward as one would hope.
Speaking to George Wilson, head of institutional trade finance at Investec, Trade Finance Global (TFG) was able to find out more about the African eco-system.
With commodities like food and energy resources scarcening in the face of climate change and the Ukraine-Russia conflict, all eyes are turning towards Africa as a possible solution.
