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.
Today, Morocco is hosting a conference on the digitalisation of foreign trade at the Casablanca Hotel, supported by the European Bank for Reconstruction and Development (EBRD), ICC Morocco, ICC Digital Standards Initiative and the T3i Partner Network
Arab Coordination Group collectively allocated approximately $17 billion to finance nearly 500 projects in over 90 countries.
The package bans the re-exports of Russian liquefied natural gas (LNG) in EU waters but stops short of prohibiting imports
The OPEC Fund for International Development (the OPEC Fund) will host its third Development Forum on Tuesday, 25 June 2024, in Vienna…
The EBRD has expanded its cooperation with Privatbank, Ukraine’s largest systemically important bank, by providing a $25 million trade finance
There are few regions as pivotal to global trade as the Middle East. The petroleum-rich area is the source of roughly one-third of the world’s oil production. When geopolitical tensions in the Middle East force up oil prices, the whole world catches a cold.
The Government of Canada, in collaboration with the Asian Development Bank (ADB), has unveiled a new C$360 million trust fund.
Citi and Emirates NBD, a top banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced a partnership to introduce Citi’s innovative 24/7 USD Clearing service in the Middle East on Wednesday.
On Wednesday, the European Union announced a 17-38% tariff on Chinese electric vehicles. The tariffs will be introduced by law on 4 July.
