Arab Bank for Economic Development in Africa (BADEA)

Ghana’s Cocobod PXF closes US$405mn lighter

11-10-22 / by Jenny Messenger

Ghana Cocoa Board (Cocobod) has signed its longstanding annual pre-export financing (PXF) facility at US$1.095bn,...

Cocobod bumps up annual pre-export finance facility

27-09-21 / by Eleanor Wragg

Ghana Cocoa Board (Cocobod) has signed its annual pre-export financing (PXF) facility, this year worth...

ICIEC inks insurance deal covering Arab country exports to West Africa

05-05-21 / by Felix Thompson

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has agreed to...

Afreximbank, ITFC and Badea launch US$1.5bn pandemic response facility in Africa

09-11-20 / by Felix Thompson

The African Export-Import Bank (Afreximbank) has announced a new US$1.5bn pandemic response facility with backing...

African trade finance banks urge MDBs to take on greater levels of risk

28-10-20 / by Felix Thompson

Trade finance executives across Africa are urging multilateral development banks (MDBs) to “intervene decisively” and...

Islamic finance boosts intra-African trade

17-01-18 / by Shannon Manders

A number of financing agreements, totalling over US$250mn, have been raised in support of the...