OECD members failed to reach a deal to restrict export credit support for oil and gas in their latest round of talks, ...

UAE ministers have hailed progress in expanding access to finance for smaller businesses after Abu Dhabi-based embedded finance startup CredibleX announced it has raised US$55mn in a seed funding ...

MUFG has announced the appointment of Atakan Akkaya as head of commodity and structured trade finance for the Europe, Middle East and Africa (Emea) region. He replaces Jean-Marie Le Fouest, who has ...

Danish renewable energy developer Ørsted has secured a financing facility backed by a club of export credit agencies (ECAs) to fund an offshore wind project in Taiwan. The Changhua 4 wind farm, which ...

South Africa’s Standard Bank has secured two facilities worth a combined US$400mn from the African Development Bank (AfDB) to support financing for SMEs on the continent. The first is a three-year ...

Lendscape, a finance technology solutions provider, has appointed Gareth Evans as chief revenue officer (CRO). As Lendscape’s first CRO, Evans will be responsible for building strategic partnerships, ...

2024 has been a steady, if unremarkable, year for trade and trade finance, with modest growth in goods trade and a market that is slowly stabilising from the dual shocks of Covid and Russia’s invasion ...

UK-based Kimura Capital has closed its trade finance fund, adding to wider market challenges around financing for smaller and mid-sized commodity traders. Bloomberg reported on December 17 that Kimura ...

The International Chamber of Commerce (ICC) UK and newly launched International Centre for Digital Trade and Innovation (iC4TDI) have published a paper outlining a “roadmap” to digitalise trade. The ...

Energy and commodities trader Mercuria has closed a one-year secured borrowing base facility for its North American operations. The US$3.4bn facility will be used by the trader for general corporate ...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has named Khalid Khalafalla as its next chief executive. ICIEC is an insurance division of the Islamic Development ...