The trade finance industry has long strived for inclusivity. It recognises the importance of embracing an overarching vision that fundamentally reimagines its practices. To fully realise this vision, it is imperative to actively engage African voices in trade finance discussions.
Though international trade is a complicated industry, there is one truth that is simple: the world runs on finance. There is a mind-boggling amount of capital floating around the globe. However, access to this financing has proven difficult for many companies and countries.
Many moons ago, one of my boss’s mantras was ‘time is more precious than meat’. This was repeated every morning during our daily sales meetings. Those days, I sold ‘air time’ in the media industry.
The African Union Commission (AUC) and the International Trade Centre (ITC) have come together to solidify their ongoing partnership. The two groups signed a memorandum of understanding (MOU) at the… read more →
In international trade, shipping containers are vital for transporting goods safely and securely. To use them, however, many shipping lines require traders to put down deposits – known as container deposits – to safeguard against possible liabilities such as damage, demurrage, or total loss of the container.
Trade Finance Global is proud to partner with Dr Robert Besseling, Pangea-Risk and John Miller, Trade Data Monitor to provide an overview of MENA-related political risk and trade data. Providing a succinct overview of MENA politics and trade breakdown is a crucial component of any publication that aims to provide comprehensive coverage of global affairs.
In 2023, environmental and climate issues will again be at the top of the policy agenda in the Middle East and North Africa. The upcoming COP28 climate conference in Dubai and the rapid growth in the renewables sector in Egypt and North Africa both point to the growing power of MENA states within global climate politics.
Industrialisation is a critical component of economic development, with many benefits that include improved standard of living, economic stability, growth in agricultural production, the balance of payment surpluses and high employment rates.
The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging Bancobu’s strategic footprint in the… read more →
Today, Deutsche Bank and SACE announced the close of a €57 million, 10-year lending facility in support of local food production in the Republic of Angola. This facility was guaranteed… read more →
