In today’s climate-conscious world – where embedded carbon increasingly shapes trade decisions – the most vulnerable are the micro, small, and medium-sized enterprises (MSMEs). According to the European Commission, small enterprises represent 99% of all businesses in the EU and contribute nearly 50% of its GDP. For a region looking to be climate-neutral by 2050, small enterprises are the EU’s footsoldiers in making the European Green Deal a reality. However, limited access to climate technology for small enterprises can be a bottleneck in the EU’s green dreams. 

“We require policy consistency to justify increased investment in pulse cultivation,” said Njla Souza. Brazil exported 70,000 tonnes of urad (black gram) to India last year, establishing itself as the… read more →

The facility, arranged for Paraguay’s Banco Continental, sees the OPEC Fund and CBD each contribute £20 million to support lending to small and medium-sized enterprises (SMEs), intended to bolster agricultural… read more →

The National Development Bank (NDB Bank), one of Sri Lanka’s largest commercial banks, has launched the country’s first supply chain finance program. The banking solution, TradeLinc, is set to optimise… read more →

Brazil is pioneering a digital transformation in trade finance that promises to revolutionise how small and medium-sized enterprises (SMEs) conduct cross-border business. At the intersection of technology and international trade,… read more →

At the FCI conference in Tashkent, Uzbekistan, Trade Finance Global spoke to Neil McKain, Country Manager for Uzbekistan at IFC, Davron Ismailov, CEO of Yangi Finance, and Sanjar Nosirov, Director of the Credit Institutions Regulation Methodology Department at the Central Bank of the Republic of Uzbekistan, to learn about the growth of cross-border and domestic trade within Central Asia and what factoring and supply chain finance can do to help.

Since 1999, the Malaysian government has introduced several initiatives to modernise its procurement processes and enhance economic inclusivity. Among these is the e-Perolehan system, which translates to the e-Procurement system, also known as “eP”.

As the year winds to a close we’re revisiting our predictions to see how well they measured up to reality. Let’s dive in!

Small and medium-sized enterprises (SMEs) are the backbone of any national economy, a characteristic that is pertinent in Uzbekistan. Not only do SMEs account for almost 50% of the national GDP, but they also employ almost 80% of the workforce—the biggest source of employment in a nation where unemployment is high, at around 7%. 

. At the inaugural Trade Finance Conference of Parties (TF COP) in Washington, DC, ITFA unveiled the Washington Declaration, a proposal calling on the United Nations (UN) to recognise the… read more →