Digital trade finance platform Contour has announced its closure, citing insufficient funding from its bank shareholders. Operations will cease on November 30, leaving users a brief window to complete transactions and download essential data.

The European Central Bank (ECB) is set to maintain interest rates, breaking a 15-month sequence of increases. The focus may now shift to a more rapid downsizing of its extensive… read more →

At ITFA’s 49th Annual International Trade and Forfaiting Conference in Abu Dhabi, TFG’s Deepesh Patel sat down with Gwen Mwaba, Director & Global Head, Trade Finance at African Export-Import Bank (Afreximbank). Their discussion revolved around the pressing issues facing African trade finance and the active role of DFIs in fostering African trade. 

At the EBRD TFP Trade Finance Forum, TFG’s Deepesh Patel spoke with Aurel Bernat, Executive Director, Financial Institutions and Investor Relations at Banca Transilvania, Oleksandr Shchur, Member of the Management Board at JSC Ukreximbank Ukraine and Ženja Radanović, Head of Documentary, Business Department at Eurobank Direktna a.d. Beograd, Serbia.

At the ITFA annual conference in Abu Dhabi, Trade Finance Global (TFG) spoke with Mosa Tshabalala, Head of FI Trade Sales (International), Risk Distribution and Syndications at Absa Group, to explore the role of trade finance risk distribution in the African context.

The African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with Morocco’s Government, represented by its Ministry of Economy and Finance. This MoU aims to establish a $1… read more →

International trade is vital to the growth of income and the country’s economy. It is, however, not possible to carry out any trade devoid of any risks.

The European Central Bank (ECB) has announced further developments in its project to introduce a digital version of the euro.  The Governing Council decided to advance to the next phase… read more →

Allianz Trade has launched its most recent Global Insolvency Report, providing new forecasts for the years 2023 and 2024.  According to the trade credit insurer, following a modest recovery in… read more →

In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Karin Oszuszky, Senior Investment Manager for Business Development at the OPEC Fund for International Development, during the European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Annual Conference in Vienna to discuss the OPEC Fund’s work in light of the latest trends and developments in trade finance and facilitation.