The Board of Directors of the African Development Bank (ADB) has approved a $10 million trade finance Transaction Guarantee (TG) to Banco Fomento de Angola S.A. (BFA). Leveraging BFA’s strategic… read more →
United States Trade Representative Katherine Tai has spoken of the significance of Africa’s integration into global supply chains after the signing of a Memorandum of Understanding (MoU). During the US-Africa… read more →
There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.
NetGuardians, a Swiss enterprise risk platform, specialising in combating financial fraud, has announced that Bank of Africa will use NetGuardians’ fraud prevention software to further safeguard its assets and branches… read more →
At the IIBLP’s Dubai Trade Law & Compliance Conference held in Dubai on 15 March 2022, one of the panellists referred to the Solo Industries fraud in a panel discussion addressing the recent Singapore case, Credit Agricole Corporate & Investment Bank (CACIB), Singapore branch v. PPT Energy Trading Co.
Alex Gray, head of trade finance at The London Institute of Banking & Finance, explains why the staff at trade banks will have an important role to play in gathering and utilising ESG data from supply chains
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 →
Your Monday morning coffee briefing from TFG: VIDEO | Updated digital trade rules: ITFA, URTEPO, and streamlining payment obligations
UK Export Finance (UKEF) has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to forge a new relationship with UK exporter Vespertec to unlock growth… read more →
