(Reuters, Dubai, 12 February 2024) Italy’s export credit agency SACE plans to back $1.6 billion in loans to Saudi Arabia over the next 12 to 18 months, the agency’s chief told Reuters, potentially boosting the country's search for outside investment at a time of weak oil prices. Saudi Arabia...
morePublications Index
Current search
Search through the extensive collection of publications and news items on the ECA-Watch website. You can refine your search by selecting from the categories on the left.
Search found 2785 items
- [all items]
2024/02/27
Country: Italy, Saudi Arabia
ECAs: SACE S.p.A.
Issue: Climate Change, Oil, Gas and Mining
2024/02/27
Issue: Transparency
(Centre for Econonic Policy Research, London, 9 February 2024) Trade finance subsidies, usually provided by export credit agencies, are the predominant tool of industrial policy. This column discusses the effect of the effective shutdown of the US EXIM from 2015—2019 on firm outcomes. It finds...
more
2024/02/27
Country: Korea
Issue: Arms Trade
(Reuters, London, 8 February 2024) Legislation aimed at increasing South Korea's import-export lending to support huge new defence sales has stalled amid partisan deadlock ahead of a divisive parliamentary election, officials and analysts said. South Korea's ruling and opposition parties have...
more
2024/02/27
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining
(New York Times, New York, 5 February 2024) A federal bank that finances projects overseas is set to vote on Thursday on whether to use taxpayer dollars to help drill oil and gas wells in Bahrain, a contentious decision that prompted two of the bank’s climate advisers to resign, according to...
more
2024/02/27
Country: South Africa
Issue: Debt
(Trade Finance Global, London, 15 February 2024) The African economy has suffered three major shocks in quick succession, namely, the COVID-19 pandemic, spillovers from geopolitical tensions and supply chain disruptions. This, coupled with widening fiscal deficits, exchange rate volatility and...
more
2024/02/27
Country: France, Germany, Italy
ECAs: Bpifrance, Euler Hermes Deutschland AG, SACE S.p.A.
Issue: Renewables
(Global Trade Review, London, 14 February 2024) Three export credit agencies have thrown their support behind a €4.4bn debt raising for a company building lithium battery gigafactories across Europe, the latest in a string of deals intended to beef up the continent’s renewable energy supply...
more
2024/02/27
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change, Common Approaches, Oil, Gas and Mining
Member: Friends of the Earth USA, Oil Change International
(Guardian, London, 14 February 2024) Oil Change International and Friends of the Earth US say the US president must follow his move to restrain fossil fuel expansion at home with similar measures to curb it around the world. We back Bill McKibben’s call for more of the sort of leadership...
more
2024/01/31
Country: USA
ECAs: Export-Import Bank of the United States
(Global Trade Review, 31 January 2024) The Export-Import Bank of the United States (US Exim) is anticipating a “significant” rise in domestic financing activity in the coming year as it works to rejig its offering and grow investment in key sectors such as semiconductors, critical minerals and...
more
2024/01/31
Country: Italy
ECAs: SACE S.p.A.
Issue: Climate Change, Oil, Gas and Mining
(Amazon Watch, Oakland, 25 January 2024) In 2023, the Peruvian state-owned oil company, Petroperú, faced one of its worst financial crises, due to its accumulation of up to $6.5 billion in debt for its Talara Refinery Project, which will likely serve as a major driver of oil exploration and...
more
2024/01/31
Country: Belgium
(BNAmericas, Santiago, 10 January 2024) IDB Invest will provide $103 million in financing to Terminal Cuenca del Plata S.A. (TCP), including the mobilization of resources for $46 million from Banco Bilbao Vizcaya Argentaria S.A. (BBVA) for the design, construction and operation of the expansion...
more
2024/01/30
(Southern Africa Freight News, Johannesburg, 15 January) The African Development Bank-financed Tanzania-Burundi-DR Congo Standard Gauge Railway (SGR) Project has commenced to Phase 2. The bank's financing is intended to construct 651 kilometres on the Tanzania-Burundi railway line. The bank...
more
2024/01/30
ECAs: Atradius, Finnvera
Issue: European Union
(Global Trade Review, London, 17 January 2024) The European Union is advancing plans to launch its inaugural risk-sharing instrument for the export credit sector, with a pilot initiative aimed at boosting SME exports to war-torn Ukraine. The European Commission is developing the scheme...
more
2024/01/30
Country: Ukraine
(USA Herald, New York, 12 January 2024) In a groundbreaking move, Scottish law firm Brodies LLP has steered Ukraine’s Export Credit Agency through uncharted territory, unveiling a novel war risk insurance process to safeguard shipowners and vessel charterers amidst the ongoing conflict with...
more
2024/01/30
Country: Sweden
ECAs: Euler Hermes Deutschland AG, Nippon Export and Investment Insurance
Northvolt AB, the Swedish battery maker that counts BMW, Volvo Car and Volkswagen among its clients, has secured a $5 billion (€4.59 billion) green loan to bolster production and expand recycling efforts. The package backed by the Luxembourg-based European Investment Bank is among the largest...
more
2024/01/30
Country: Sweden
ECAs: Euler Hermes Deutschland AG
Issue: Debt
(TXF News, London, 23 January) H2 Green Steel (H2GS) – the world’s second green hydrogen mega project – has taken a similar approach to Neom for its hydrogen-powered steel manufacturing project in Boden, Sweden. The simple math – 1% overall cost increase for 40% emissions decrease on the final...
more