Misr Technology Services (MTS), which operates Egypt’s National Single Window for Foreign Trade platform (Nafeza), has authorized CargoX to act as the blockchain document transfer gateway for the Advance Cargo Information (ACI) System.
HSBC India and HSBC UAE have successfully executed a blockchain-enabled, live trade finance transaction between Tata Steel Ltd. (India) and Universal Tube & Plastic Industries Ltd. (UAE). This is a… read more →
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
The APPG for Trade & Export Promotion has set out an 11-point trade framework, including targets to double intra-Commonwealth trade and improve labour standards Report warns that trade policy is… read more →
African Export-Import Bank (Afreximbank) on 31 March 2020 released its audited financial statements for the year ended 31 December 2020, showing strong and resilient growth, with total comprehensive income of… read more →
ITFA, a leading trade finance industry body, has released an in-depth guide to Structured Letters of Credit. These are instruments which provide substantial funding to trade in emerging markets, but … read more →
UK companies help bring new hospitals, clean energy, and transportation to developing countries following record levels of UK Export Finance backing UK Export Finance backed £2.4bn of sustainable projects overseas… read more →
Your Monday morning coffee briefing from TFG. The world is emerging from a deep recession, and the recovery is coming faster than expected. With more than 800m vaccines administered globally, activity holding up despite lockdowns and additional fiscal stimulus coming. The IMF expects the global economy to stage a strong recovery, growing by 6.0% this year, with growth of 4.4% in 2022.
Trade Finance Global and the International Trade & Forfaiting Association (ITFA) will shortly be hosting a live Tradecast on LinkedIn, YouTube and via webinar (tradecast).
The global economy is bouncing back in terms of confidence, orders, employment and spending, according to the latest ACCA and IMA Global Economic Conditions Survey (GECS). The survey of 1,000… read more →
