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Afreximbank to double intra-African trade financing to US$40bn by...

African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20bn in 2021 to US$40bn by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said. Mr. ElMaayergi was addressing participants and guests in...

#trade finance

CIT Northbridge Credit provides US$45m to MacPherson’s

First Citizens Bank has announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a…

#First Citizens Bank


AfDB supports trade finance in Ethiopia with US$40m guarantee

In order to support trade finance activities in Ethiopia, African Development Bank (AfDB) has approved a US$40m transaction guarantee facility…

#African Development Bank#Dashen Bank#guarantee


International mediation – the often missed opportunity

The modernist and eclectic world adds to mediation new functionalities, renews it, and prepares it for new challenges, said Irina…

#disputes#international mediation#Irina Batiashvili


FCI and FIBA collaborate to advance accounts receivable financing...

FCI has announced the signing of a Memorandum of Understanding (MOU) with the Financial & International Business Association (FIBA). This…

#David Schwartz#FCI#FIBA


Unifiedpost Payments receives authorisation from NBB to purchase receivables

Unifiedpost Group SA (Unifiedpost), a leading provider of integrated business communications, announced that its payment institute, Unifiedpost Payments SA, has…

#bank#digital#invoice


Flywire acquires Invoiced to expand activity

Flywire Corporation (Flywire) a global payments enablement and software company, announced that it has acquired Invoiced, a SaaS platform that…

#Flywire#Invoiced#Mike Massaro


WSFS Bank expands trade finance activity with two senior...

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (WSFS), is announcing the expansion of its capital markets team with…

#Christian Gil#Michael Burnap#Neil Orechiwsky


IHC announces formation of Rorix Holdings, a global trading...

International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade…

#financial services#international#International Trade


Coface publishes half year 2024 results

Coface confirms its very good start to the year with a net income of €142.3m, up 10 per cent. •…

#Coface#half year results#Xavier Durand


Mandula Moments: AI and its use in receivables finance...

Here is the next in my series on how AI and Gen AI are being utilised in the work force…

#AI#factoring#financial oversight


Polish factoring market returns to growth

In the first six months of this year, Polish factoring companies associated with the Polish Factors Association (PZF) recorded a…

#factoring#Polish Factoring Association

Global fintech investment drops in H1 2024, KPMG reports

2024 got off to a challenging start for the fintech market globally, driven by ongoing concerns related to geopolitical uncertainty…

#fintech#investment

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