The loan is the first private-sector investment that AfDB has financed in Ghana’s transport sector.
Under the settlement, SNC-Lavalin has agreed to pay $1.5 million and accept certain conditions to settle a case filed by the African Development Bank Group, both the bank and SNC have announced.
The South African airline said a deal with Airbus would be more attractive now US Ex-Im funding is unavailable for Boeing orders.
http://www.tradefinancemagazine.com/Article/3493752/Comair-eyes-European-ECAs-and-Airbus.html
This facility is set to remain in place until African Potash’s trading operations become self-funding.
The extension marks the fifth LOC by the Indian ECA to Côte d’Ivoire, a country that has seen significant economic improvement in the last 10 years.
President Akinwumi Adesina appoints Zimbabwe citizen with 12 years' experience at AfDB as director of cabinet and chief of staff in his office.
http://www.tradefinancemagazine.com/Article/3492260/AfDB-president-chooses-director-of-cabinet.html
The AfDB is lending to Benin, Cote d'Ivoire and Ethiopia so that they can join the African Trade Insurance Agency.
http://www.tradefinancemagazine.com/Article/3491866/AfDB-approves-30m-ATI-loans.html
The credit line is for the construction and improvement hospitals.
Sources confirm that the facility was signed "without a hitch" in Paris on 17 September.
Trade Finance speaks to participating law firm Sullivan & Worcester.
http://www.tradefinancemagazine.com/Article/3489480/Cocobod-signs-18bn-PXF-today.html
The three institutions will look to participate in financing projects in a continent with a significant infrastructure gap.
African Development Bank Group and Access Bank Rwanda sign loan agreement for SMEs in Rwanda
Barclays Africa Trade Index reveals exciting UK trade opportunities
The industry is key for the continent but ECA financing in aviation is not as prevalent as it once was.
http://www.tradefinancemagazine.com/Article/3486363/Aviation-important-for-Africa-growth-GEF15.html
Exports to Africa from Spain are on the rise and UKEF has also seen increased interest.
http://www.tradefinancemagazine.com/Article/3486238/Increasing-demand-for-ECAs-in-Africa-GEF15.html
The continent has an infrastructure shortage, delegates were told as the African Export Finance briefing day began in Barcelona.
http://www.tradefinancemagazine.com/Article/3486233/Africa-lacks-infrastructure-GEF15.html
The facility was hugely oversubscribed but will stay at $1.8 billion.
http://www.tradefinancemagazine.com/Article/3486046/Cocobod-to-sign-18bn-PXF-in-two-weeks.html
Many banks are looking to join the deal for the Angolan oil and gas firm.
http://www.tradefinancemagazine.com/Article/3486027/1bn-Sonangol-loan-enters-syndication.html
Italian ECA estimates rise in exports to Mozambique and Congo
http://www.tradefinancemagazine.com/Article/3485100/Sace-announces-1bn-African-initiative.html
The bank aims to grow its global corporate banking business over the next three years.