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Afreximbank closes US$282m “first-of-its-kind” India-focused club deal

The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282m.Initiated for the exclusive participation of Indian lenders, and arranged by Bank of Africa UK PLC, the primary syndicated club deal saw participation from...

#bank#international#trade

ITFA introduces MARA as industry standard framework for open...

ITFA has opened for its members access to an industry framework for open account distribution. The Master Account Receivables Assignment Agreement (MARA)…

#assignment#credit risk#receivables


South Korea announces $190bn boost in trade insurance to...

The Ministry of Trade, Industry, and Energy has declared an unprecedented injection of KRW255tn (US$190bn) into trade insurance this year,…

#exports#guarantees#smes


GHIB to develop trade finance in Sub-Saharean Africa

The Ghana International Bank (GHIB) has committed to address the urgent trade needs across Sub-Saharan Africa.During the 65th anniversary of…

#bank#financial institution#Ghana Cocoa Board


Invoicemart reached INR 10bn invoice finance milestone

Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, has witnessed exponential growth in invoice financing volumes in the last…

#invoice#Invoicemart#receivables


Latam trade finance platform raises US$12m new funding

Marco, a Latam trade finance platform for SME exporters, has announced the successful closure of a US$12m Series A funding…

#bank#exporters#smes


Tradewind Finance provides additional €35m factoring facility for steel...

Tradewind Finance, a global trade finance firm headquartered in Germany, has announced it adds an additional €35m factoring facility for…

#credit protection#exporters#global trade


Nuvo enhances trade credit platform with insurance policy management

Nuvo, the B2B trade credit tech platform that combines customer onboarding, credit risk assessment, and fraud prevention, has announced a…

#Allianz#credit risk#management


Bridging the SME funding gap: World Bank’s initiative in...

Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…

#bank#digital#SME lending


Pulse Cashflow relocate to support growth

Pulse Cashflow Finance, a leading specialist funder, has opened the doors to a new larger office in Basingstoke as it…

#invoice#Pulse Cashflow#Pulse Cashflow Finance


Landsbankinn is the first to go live on IBAS...

Norwegian software vendor Commercial Banking Applications AS (CBA), today announced that Landsbankinn in Iceland is benefitting from the seamless integration…

#bank#international#invoice


AfDB and TDB forge $150m partnership to boost intra-African...

The Board of Directors of the African Development Bank Group has approved a US$150m Trade Finance Unfunded Risk Participation Agreement…

#African Development Bank#bank#emerging markets

IBSFINtech secures $1.5m pre-series A funding to drive global...

IBSFINtech, a global treasury, risk, trade finance, and supply chain finance management company, has successfully secured a pre-series A round…

#digitisation#management#Oracle

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