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.
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 →
At FCI’s 56th Annual Meeting in Seoul, Trade Finance Global (TFG) spoke with Neil Shonhard, CEO at MonetaGo, and Nassourou Aminou, Regional Director for Africa at FCI, to learn more about collateral registries and the keys to factoring growth on the African continent.
UNIDO and WTO collaborate to raise $12 billion for sustainable cotton production in Africa. Learn how this initiative is creating jobs and opportunities for women and youth.
To assist in providing essential financing for importers and exporters of crucial goods in Africa, particularly in smaller, fragile, and conflict-affected states, IFC has established a risk-sharing facility with Deutsche Bank worth up to €215 million.
Arab Coordination Group collectively allocated approximately $17 billion to finance nearly 500 projects in over 90 countries.
The AfDB-BCP partnership reflects a shared vision of promoting sustainable economic growth and development in Africa by empowering SMEs.
Afreximbank finalised arrangements for a facility of $250 million with the ITFC and $100 million with the ICD.
IFC and Absa provide $60 million commodity trade finance facility to Volcafe, benefiting East African coffee farmers.
IFC’s whitepaper, “Banking on Women Who Trade Across Borders”, highlights the need for gender equality in international trade & trade finance.
