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Africa

EBRD and Co-operative Bank execute US$50m KESONIA cross-currency swap

The European Bank for Reconstruction and Development and Co-operative Bank of Kenya have executed a US$50m cross-currency swap in the first transaction to use Kenya’s new KESONIA reference rate, creating additional infrastructure for local-currency corporate financing. The agreement, equivalent to...

#Co-operative Bank of Kenya#cross-currency swap#EBRD

I&M Bank plans five-market Surecomp trade finance rollout across...

I&M Bank has selected Surecomp to build a regional digital trade-finance platform, starting in Kenya before expanding the system across…

#Africa#digital trade finance#DOKA-NG


UKEF provides £655m Angola export finance backing for four...

UK Export Finance is providing £655m of financing support for four infrastructure projects in Angola that are expected to generate…

#Angola#Elecnor#export credit


FMO provides Ivory Cocoa Products €20m working-capital facility in...

FMO has provided Ivory Cocoa Products with a €20m working-capital facility to finance cocoa-bean procurement as the Ivorian processor seeks…

#cocoa#cocoa processing#commodity finance


TDB lifts syndicated loan from US$700m to US$800m as...

Trade and Development Bank Group has concluded a US$800m syndicated term loan after expanding an original US$700m facility through an…

#accordion facility#African trade finance#Commerzbank


AfDB gives MCB up to 100% non-payment cover for...

The African Development Bank has brought Mauritius Commercial Bank into its Trade Finance Transaction Guarantee Instrument, offering up to 100%…

#African Development Bank#correspondent banking#Mauritius Commercial Bank


Standard Bank backs Helios Towers with US$29m social trade...

Standard Bank has provided Helios Towers with a US$29m documentary credit facility to finance telecommunications equipment and services across Africa,…

#Africa#documentary credit#Helios Towers


Surecomp says RIVO adoption drove US$30bn rise in trade...

Surecomp has reported continued growth across its global trade finance technology business, with its RIVO collaborative platform now used by…

#banks#corporates#digital trade


Afreximbank says Africa can turn geopolitical disruption into trade...

Afreximbank has launched its 2026 African Trade Report, arguing that Africa can convert geopolitical disruption and supply chain fragmentation into…

#Afreximbank#African Trade Report#geopolitical risk


Afreximbank signs US$500m Tunisia facility to support imports and...

Afreximbank has signed a US$500m term loan facility with the Central Bank of Tunisia to support essential imports, maturing trade…

#Afreximbank#Central Bank of Tunisia#development finance


IsDBI annual report highlights smart countertrade as trade resilience...

The Islamic Development Bank Institute’s 2025 Annual Report has highlighted progress on its Smart Countertrade System, pointing to growing interest…

#development finance#digital trade#financial inclusion


IsDB Institute expands Islamic finance support with US$4.14m in...

The Islamic Development Bank Institute approved 25 new technical assistance projects worth US$4.14m in 2025, as it expanded support for…

#AI#Baku#countertrade

BB Energy says South Sudan oil awards support debt...

BB Energy has said it has received irrevocable award letters from South Sudan for two crude cargoes due before November,…

#BB Energy#commodity finance#crude oil

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