Vietnam's Binh Son Refining and Petrochemical has appointed HSBC to arrange ECA financing for a $1.49 billion project to expand its Dung Quat refinery.HSBC will arrange funds for the project to raise the capacity of the refinery to 171,000 barrels per day. The expansion is expected to be... More

Serbia is set to receive €31.925 million ($35 million) for the development of its biomass market, in a project that aims to ensure consumers are connected to district heating networks. This is the second phase of the programme, the first of which is expected to end this year. KfW is... More

Peninsula Energy has moved to raise more than A$100 million (about $67 million) to fund work at the Lace uranium project in the US until it starts generating free cashflow by the third quarter of next year.The ASX-listed miner will raise A$105.9 million at a discounted fixed price of A$0.10 a share,... More

EBRD is promoting green and inclusive lending in Mongolia by offering funds of up to $20 million (€18.4 million) to the country’s largest commercial lender, Khan Bank.The financial package consists of a $10 million facility under EBRD’s Green Economy Financing Facility for Mongolia,... More

NIB has signed a 15-year investment loan of $50 million with Iceland's transmission system operator, Landsnet hf. The loan will be used to finance the construction of new substations, upgrades of existing substations, investments in underground cabling, and the development of new overhead lines... More

Afreximbank has secured two facilities to support trade and projects in Africa. ITFC has provided a facility of $250 million, while ICD has extended a facility of $100 million.The financing from ITFC will enable Afreximbank to offer compliant syndicated trade financing, enhancing the bank's... More

AfDB has approved a $15 million trade finance package for First Capital Bank in Zimbabwe to help bolster intra-African commerce in line with the goals of the Africa Continental Free Trade Area.The package, comprising a $7.5 million trade finance line of credit and a $7.5 million transaction... More

The MineHub platform is to be integrated into Surecomp's RIVO solution. The integration between the two platforms will allow commodities firms to see key data and improve trade finance efficiency, transparency, and security. With this partnership, customers will be able to streamline document... More

Trafigura and IXM are actively seeking to acquire physical copper in order to fulfil significant short positions on the US exchange, CME. This move comes as copper prices reached record highs.Short positions can represent bets on declining prices or serve as a form of hedging for producers. A short... More