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 →
Saying the world’s oceans are vast is an understatement. If one were to sail from Cape Town to Tristan da Cunha, the world’s most remote inhabited island, located over 2,000 kilometres to the nearest land, the voyage would take longer than it took Apollo 11 to reach the moon.
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 →
Fraud has been a prevalent issue in commodity trading and financing over the past few years, most recently in relation to cargoes of metals.
On Wednesday, the United States announced that it ratified a deal to cut subsidies contributing to overfishing, becoming the first large fishing nation to do so. United States Trade Representative… read more →
The MLETR (Model Law on Electronic Transferable Records) is a revolutionary solution that aims to transform the trade finance industry by providing an open framework for digitising trade documentation.
The 8th EU Federation (EUF) & FCI EU Factoring Summit will take place on 20-21 April 2023 in Cologne, Germany. FCI and EUF represent over 98% of all European market… read more →
To put it lightly, the past few years have been a rollercoaster ride for trade finance. Recent challenges have pushed the industry to the boundaries, which has created significant angst for many. However, this struggle also has a silver lining.
WTO economists have revised world merchandise trade growth projections to grow by 1.7% in 2023, down from 2.7% in 2022, according to their latest “Global Trade Outlook and Statistics” report. … read more →
At the end of March, Lloyds Bank released its latest report exploring supply chain resiliency across the global market. The report comes as internationally operating firms continue to face the… read more →
