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To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30bn annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) has launched a US$3bn revolving Intra-African oil trade financing programme...
#Afreximbank#Benedict Oramah#Intra-African Oil Import Financing Programme
U.S. Bank today announced Dan Son (pictured) as the new Head of its Working Capital Finance division. Son replaces Sam…
#asset based lending#Dan Son#Jimmy Whang
Komgo has announced the official launch of GTK – Global Trade Konnect – designed to revolutionise trade finance operations for…
#Global Trade Konnect#Komgo#Souleima Baddi
ITFA has launched a new template that aims to support and streamline trade finance transactions. Short term trade loans, documented…
#ITFA#short term loan#swift
Japanese bank Sumitomo Mitsui Baking Corporation (SMBC) has appointed Mitsuhiro Kawamura (pictured) as Global Head of Global Trade Finance Department…
#Mitsuhiro Kawamura#Norihito Obata#SMBC
The Board of Directors of the African Development Bank Group has approved a US$25m trade finance transaction guarantee facility for…
#Adam Amoumoun#African Development Bank#Bank of Africa Madagascar
CaixaBank is partnering with Proparco, the private sector financing arm of the Agence Française de Développement Group (AFD Group), to…
#Agence Française de Développement Group#CaixaBank#Proparco
Santander Alternative Investments (SAI), the alternatives manager in the Santander Group's Asset Management business, continues to reinforce its commitment to…
#Santander#Santander Alternative Investments#trade finance
Union Systems Limited (USL) announced that Rand Merchant Bank (RMB) has signed a license for its Kachasi trade finance software.…
#Chuks Onyebuchi#Kachasi#Rand Merchant Bank
Trade finance fintech Zvilo has announced its membership in FCI and ITFA, two of the world's leading trade finance associations.…
#Admir Imami#FCI#ITFA
The European Bank for Reconstruction and Development (EBRD) is joining forces with the UK’s development finance institution, British International Investment…
#BII#British International Investment#EBRD
Surecomp today announced that Bank of Ireland, the country's leading financial institution, has chosen to deploy its DOKA-NG™ platform as…
#Bank of Ireland#DOKA-NG#innovation
Artis Finance Limited (Artis Finance) has become the latest non-bank trade finance company to enter administration. Founded in March 2020,…
#administration#Artis Finance#Artis Loanco 1