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Mitigram, a leading digital platform for trade finance execution, has today announced a partnership with Complidata, a specialist in AI-driven trade finance automation and financial crime compliance. The collaboration aims to enhance efficiency, compliance and risk management across the trade...
#AI#Complidata#Letters of Credit
Traydstream announces the successful close of a US$11m interim fundraise. Building upon the momentum of its Series B round in…
#e& capital#Pivot Investment Partners#trade finance
Wegagen Bank has secured an US$85m international trade finance guarantee facility through strategic collaborations with the Eastern and Southern African…
#Afreximbank#International Trade#risk-sharing
In a strategic move to strengthen its energy and food security needs, Egypt has secured US$1.8bn in trade financing from…
#Egyptian General Petroleum Corporation#General Authority for Supply Commodities#ITFC
Financely Group (Financely) has successfully closed a US$16m financing round to advance the development of its technology platform and to…
#ABL#asset based lending#CRM
DP World Trade Finance has mobilised over US$1bn in working capital for businesses across emerging markets, helping close the global…
#access to capital#DP World#International Trade
Al Baraka Bank Egypt has finalised two significant agreements with the Islamic Corporation for the Insurance of Investment and Export…
#Al Baraka Bank Egypt#bank master policy#cross-border trade
Siemens AG, Commerzbank AG and Fr. Meyer’s Sohn have successfully completed a proof of concept (POC) demonstrating the power of…
#Bill of Lading#Commerzbank AG#digital trade document
Integrity at borders is fundamental to sustainable trade and economic growth. A new joint International Chamber of Commerce-World Customs Organization…
#ICC#trade facilitation
U.S. Bank has completed its first trade finance collection transaction using a fully digital process, marking a step forward in…
#Christine Bravo#digital platform#trade finance
The Board of Directors of the African Development Bank Group (AfDB) has approved a US$50m trade finance transaction guarantee facility…
#African Development Bank#Awash Bank#Lamin Drammeh
In a decisive move to modernise its trade finance operations, the State Bank of India (SBI) inaugurated two specialised Global…
#compliance#digitalisation#operational efficiency
Cauris Finance, a private credit fund with a focus on Africa, has reaffirmed its commitment to transforming African trade by…
#Azer Songnaba#Cauris Finance#Jetstream Africa