ITFC signs a Memorandum of understanding with the Africa Union to support African OIC countries to fast track the benefits of the AfCFTA and increase their share of Intra-African trade.  The… read more →

TFG spoke to British Argentine Chamber of Commerce’s, Susana Ecclestone about Argentina’s trade opportunities.

TFG heard from the EBRD around their ambitious Green Economy Transition (GET) approach, including the Green TFP which has supported more than 600 foreign trade transactions with a total value of more than €400 million since 2016.

● Up to EUR 400m fresh money for innovative businesses ● Support of EU bank provided under Investment Plan for Europe The EIB Group, consisting of the European Investment Bank… read more →

Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 24th February 2020.

Your Monday morning coffee briefing from TFG. Here are some of the last week’s updates from the trade sector. 17th February 2020.

The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a US$ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora.

We caught up with Peter Jameson, Head of Trade and Supply Chain, Asia Pacific in Bank of America. We discussed the highlights of 2019 and the opportunities in 2020 for the trade, receivables and supply chain finance. There will be continued pressure on trade flows, with reduced volume, commodity prices, and financing demand. Despite this, Asia Pacific’s growth prospects remain favourable as compared to other regions. Businesses continue to seek growth and focus on further developing their banking needs in the region.

We discussed with AIG some of the challenges and opportunities in the trade credit insurance sector. Enabling the much-needed reduction of the trade finance gap, and bringing in a wider array of investors while mitigating the risks of such expansion in the backdrop of geopolitical uncertainty will be a huge challenge in 2020. However, dealing with a broader collection of participants in the trade finance ecosystem in terms of jurisdictions, size of the borrower, types of assets and fintech entrants set us up for interesting times.

As the most authoritative voice in the trade finance industry, ICC Banking Commission, maintains a permanent dialogue with regulators and supervising bodies, helping to develop regulations affecting the industry.