(TFX News, London, 10 December 2018) Often priced at well below accepted market rates, Chinese official finance is a major hurdle to fair competition in the global export market. A growing number of governments are attempting to compete by circumventing OECD rules and blurring trade with aid....
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(New Times, Rwanda, 29 April 2018) Preparations for the 2018 Forum on China-Africa Cooperation (FOCAC) that will take place in September in South Africa are in high gear officials have said. In the 2015 summit, China pledged a new round of funding support to Africa’s development, worth $60...
morehttp://aboveground.ngo/bombardier-gupta-accountability-edc/
(Above Ground, Ottawa, 26 March 20188) Ongoing media coverage regarding the sale of a Bombardier jet to the Gupta family in...
more(Business Live, Johannesburg, 20 February 2018) Showing its commitment to promoting intra-African trade and economic integration, South Africa has taken up shareholding in the African Export-Import Bank (Afreximbank), the continental multilateral trade finance institution. The South African...
more(Xinhua, Beijing, 28 February 2018) With China's Belt and Road Initiative gaining more recognition globally, Western banks are rushing in for a piece of the pie in this once in a generation opportunity. British and U.S. banks, including Citigroup, HSBC and Standard Chartered have been seizing...
more(Macahub, Luanda, 12 February 2018) Brazil has agreed to grant a credit insurance facility to Angola under the Export Guarantee Fund and support for the equalisation of interest rates through the Brazilian Export Financing Programme (Proex) for goods and services up to US$2 billion. Brazilian...
more(Xinhua, Phnom Penh, 11 January 2018) China eyes stronger ties with Myanmar, Laos, Thailand, Cambodia and Vietnam, the other five countries along the Lancang-Mekong river, pledging new loans, medical aids and scholarships to its neighbors. At the second Lancang-Mekong Cooperation (LMC) leaders...
more(India Times, New Delhi, 11 January 2018) The UK government today announced the doubling of its national credit support for UK businesses exporting to India, during the visit of Commerce and Industry Minister Suresh Prabhu. As part of the deliberations, UK trade minister Liam Fox announced that...
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