Posts Tagged ‘World Bank’

The International Finance Corporation, a member of the World Bank Group, has released a whitepaper, “Banking on Women Who Trade Across Borders”, exploring the gender disparity in international trade.

Today, the International Finance Corporation (IFC) and Egypt announced a $100 million financing deal at the “IFC Day in Egypt”.

A comprehensive Digital Trade Gap Assessment released by the World Bank provides an analysis of the Information and Communications Technology (ICT) framework across the Horn of Africa Initiative (HoAI) countries. 

Trade Finance Global hosted an in-person roundtable to celebrate Women in Trade, Treasury & Payments 2024. Learn more about the event!

The World Bank has granted nearly $300 million to the Eastern and Southern African Trade and Development Bank (TDB) to enhance distributed renewable energy (DRE) and clean cooking ventures within… read more →

Remittances to countries with low and middle incomes experienced a growth of 3.8% in 2023, showing a slowdown compared to the substantial increases of the preceding two years. 

2022 insurance highlights Trade credit insurance has been pivotal in risk management for businesses, notably in mitigating the risk of unpaid invoices, a major concern affecting business continuity. A closer… read more →

Originally designed as a risk management tool among banks, trade asset distribution has now transformed into an indispensable means for capital and liquidity optimisation, inviting a broad spectrum of non-bank investors. 

FCI, the global representative body for the factoring and receivables finance industry, has achieved a significant milestone by securing three major agreements during its annual meeting in Marrakesh.

The World Bank has kept its 2023 economic growth projection for China steady at 5.1%, consistent with its April forecast. However, it has revised its 2024 outlook to 4.4% from… read more →

A study by the Rockefeller Foundation has indicated that revising the World Bank’s risk management strategy could free up nearly $190 billion in much-needed loans for developing countries, without affecting… read more →

UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have inked a $500 million contract to supply Egypt with wheat, a statement confirmed on Monday. The five-year deal,… read more →

The International Finance Corporation (IFC), the private sector wing of the World Bank, has entered into a contract with Switzerland’s government to initiate the next phase of the Sustainable Cities… read more →

Africa, a continent synonymous with immense economic growth potential and abundant opportunities, has long grappled with transforming that potential into tangible growth. Despite being hailed as a land of promise, the realisation of Africa’s vast potential has remained elusive year after year.

On Friday, the World Bank revealed its approval of $1.5 billion in financing aimed at expediting the development of India’s low-carbon energy sector. This financial support serves to bolster India’s… read more →