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trade finance

AfDB and Dashen Bank sign US$40m trade finance facility

The African Development Bank (AfDB) and Dashen Bank have signed a US$40m trade finance transaction guarantee facility designed to support Ethiopia’s vital import and export sectors. Under the agreement, the African Development Bank will provide guarantees of up to 100...

#African Development Bank#Ahmed Attout#Asfaw Alemu

MIGA and IDB Invest sign landmark trade finance guarantee...

IDB Invest, the private sector arm of the Inter-American Development Bank (IDB), and the Multilateral Investment Guarantee Agency (MIGA), which…

#Hiroshi Matano#IDB Invest#IDB Invest Trade Finance Facilitation Program


Afreximbank launches US$3bn Intra-African trade finance programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30bn annually in petroleum…

#Afreximbank#Benedict Oramah#Intra-African Oil Import Financing Programme


$SRC Ecosystem joins Trade Finance Distribution Initiative (TFDi)

In a significant step forward for the future of trade finance, the $SRC Ecosystem — developed by LGR Global as…

#$SRC Ecosystem#TFDi#Trade Finance Distribution Initiative


Komgo unveils Global Trade Connect, a new app for...

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 launches new template to support trade finance

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


AfDB and BOAT sign US$7.5m facility to boost trade...

The African Development Bank (AfDB) and the Bank of Africa Tanzania (BOAT) have signed a US$7.5m trade finance transaction guarantee…

#African Development Bank#Bank of Africa Tanzania


SMBC appoints Global Head of Trade Finance

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


African Development Bank provides US$25m trade finance facility to...

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 joins Proparco’s trade finance programme to strengthen trade...

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’ Trade Finance fund hits €1bn of...

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


Rand Merchant Bank adopts Union Systems’ Kachasi 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

Zvilo joins FCI and ITFA, appoints new CEO

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

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