During the European Bank for Reconstruction and Development’s (EBRD) 32nd Annual Meeting and Business Forum in Samarkand, Uzbekistan, TFG spoke with several industry leaders to learn more about the particulars of a first-of-its-kind transaction. 

At the ICC United Kingdom and C4DTI, Trade Finance Global’s (TFG) Deepesh Patel spoke with Nick Davies, Director of the ICC’s United Kingdom C4DTI, to learn more about their role in accelerating the adoption of digital trade.

Factoring is a relatively new product for the Georgian market, developing in 2007. The factoring market in Georgia began with the technical advisory support of European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TPF) to facilitate and pilot the implementation of factoring with a Georgian bank.

The resilience of Ukrainian businesses deserves special attention. Entrepreneurs have not only survived the beginning of the war, but continue to develop their businesses. According to a survey, as of March 2022, only 13% of enterprises were operating as they were prior to the war, 48% were operating at partial efficiency, and 35% suspended operations and were waiting for better times. 

The Arab region has seen significant progress in education, particularly for women, thanks to the ambitious Visions for 2030 and the United Nations’ Sustainable Development Goals (SDGs). Governments have prioritised education reform to break generational cycles of poverty, inequality, and stagnant economic growth, leading to Arab women excelling in education and driving regional prosperity.

The dematerialisation of invoices and other supply chain documents is set for rapid growth. Most importantly the B2B market can be expected to build on the success of larger enterprises in automating their accounts payable and receivable processes to spread e-invoicing practices to small and medium-sized businesses (SME).

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 →

For many SMEs, the financing gap is always a major concern. It is reported that financing shortages count for more than half of SMEs’ problems. This issue is important for national policymakers, and financiers, as SMEs are major drivers of economic growth, employment, and social development in all economies, but especially in developing countries.

The European Bank for Reconstruction and Development (EBRD) and Citi are jointly supporting the rollout of a sustainable supply chain finance programme for Finnish technology and services company Metso Outotec… read more →

ESG is certainly not a new development, but its growth and importance in financial services have never been higher. Whilst there has been a big focus on the “E” in ESG, we’re also seeing a lot of progress in tackling other aspects, such as social action to address societal challenges. One of the biggest social challenges in global trade is the huge, and growing, finance gap.