Sub-Saharan Africa is experiencing a renewed focus, with infrastructure projects receiving a significant boost ANALYSIS | FELIX THOMPSON | There was a rebound in export credit agency activity in Sub-Saharan Africa last year, as agencies struck big-ticket deals across infrastructure and renewable energy sectors, fresh data shows. In its annual State …
Read More »EU passes labour law
But Chinese exporters will seek to bypass the law by shifting operations and even channelling exports through third countries ANALYSIS | FELIX THOMPSON | EU legislation aimed at banning goods made with forced labour is set to impact China’s solar industry, yet experts warn Chinese firms will likely reroute their supply …
Read More »Absa to open China office, eyes trade revenue boost
Documentary products such as guarantees, letters of credit and supply chain finance are the “core solutions that the lender expect to see continued demand for” from Chinese corporates ANALYSIS | FELIX THOMPSON | Pan-African lender Absa Bank is anticipating a significant rise in trade finance revenues on goods flows linking China …
Read More »Canada’s EDC takes Tanzanian airline to court
Precision Air was founded in 1993 and serves destinations across Tanzania, Kenya and Comoros ANALYSIS | FELIX THOMPSON | Export Development Canada (EDC) has brought a claim in the UK High Court against an embattled Tanzanian airline company, alleging it is owed nearly US$26mn under an aircraft financing agreement. In late …
Read More »