Shane Martin’s Post

To support financing for importers and exporters in Africa, especially in fragile and conflict-affected states, IFC - International Finance Corporation has partnered with Deutsche Bank to establish a €215 million risk-sharing facility. In 2022, #Africa's trade in goods and services amounted to $1.1 trillion, 54% of its GDP. Yet African banks face cashflow challenges that limit trade finance availability. The facility aims to maintain #tradefinance in African countries even as many global banks reduce their involvement. IFC will share risks on Deutsche Bank's trade transactions with 40 issuing banks in 18 African countries. The project, part of the IFC Africa #Trade and #SupplyChain Recovery Initiative, is expected to encourage other financial institutions to support trade finance, promoting economic #growth and job creation across the continent. Article from Trade Finance Global (TFG). Read more at the link below. Follow GTR Ventures now for more curated insights! Borislav Ivanov-Blankenburg Mohamed Gouled https://lnkd.in/gb_pK4YK

Standard Bank is proud to sponsor GTR Africa London 2024. Export Credit Agency Finance is an important means to finance infrastructure and energy across sub-saharan Africa, and the recent developments around ECA product innovation and flexibility are really positive. We look forward to engaging discussions on these developments, and to hearing Greg Fyfe's views in his panel on ‘A trajectory for export credit deals and the impact of OECD reform on demand’.   Global Trade Review (GTR) Standard Bank Corporate and Investment Banking

African Development Bank and Trade and Development Bank (TDB) Group strengthen trade finance partnership through a Trade Finance Unfunded Risk Participation Agreement Read more: https://buff.ly/4imBo0S African Development Bank Group Trade and Development Bank Group - TDB Group #Africa #Banking #Trade #Finance #RiskParticipationAgreement #AfricanInvestmentForum #RegionalIntegration #Partnership

🌍 New €215m facility by IFC - International Finance Corporation, Deutsche Bank aims to enhance trade in Africa 🤝 To assist in providing essential financing for importers and exporters of crucial goods in Africa, particularly in smaller, fragile, and conflict-affected states, IFC has established a risk-sharing facility with Deutsche Bank worth up to €215 million. 🗣️ “IFC’s risk participation with Deutsche Bank leverages our issuing bank network to enable trade flows in Africa with our Global Hausbank clients and echoes a shared commitment to ongoing economic growth in emerging markets,” stated Borislav Ivanov-Blankenburg, Global Head of Documentary Trade Finance for Deutsche Bank. 📖 Read the news by following the link in the comments section below ⬇️ #tradefinance #internationaltrade #Africa

Discover how IFC - International Finance Corporation supports trade banks, helps them de-risk and advance their expansion strategy. We heard from Jean Baptiste Kouame, Deputy Managing Director of Coris Bank International Côte D'Ivoire. #IFC20YearsinTrade

Trade finance is crucial to the success of developing economies. Coris Bank International Côte D'Ivoire plays a significant rôle in Trade Gap reduction in Africa next to IFC - International Finance Corporation. #IFC20YearsinTrade

Join us in our Dubai DIFC office to learn about African Bond Markets in Bloomberg's upcoming event with the African Development Bank (AfDB), MCB Capital Markets Ltd of Mauritius and our Bloomberg Africa Economist. The session will focus on AfDB's roadmap to deepen capital markets and look at economic hot spots, such as Kenya, Nigeria & Egypt. With transparent access to local currency bonds — yet challenges with trading, settlement and hedging — what does the outlook for the continent look like? Register here to save your seat: https://bloom.bg/4avZBxo #BondMarkets #CapitalMarkets #Africa

Join us at our Bloomberg #Dubai HQ to learn more about African #Bond Markets in Bloomberg's upcoming event with the African Development Bank Group and MCB Group of #Mauritius and our Bloomberg Africa Economist Yvonne Mhango. This event is perfect for Institutional investors based in the Gulf, with an interest in EM Credit/Bond markets. The session will focus on AfDB's roadmap to deepen capital markets and look at the economic hot spots, such as #Kenya, #Nigeria, #Egypt. With transparent access to local currency bonds — yet challenges with trading, settlement and hedging — what does the outlook for the continent look like? Looking forward to seeing you Abhimanyu Yadav, PRM, CFA Register here to save your seat: https://bloom.bg/3TOcMmk #BondMarkets #CapitalMarkets #Africa

✨Islamic Banking in Latin America✨ We would like to express our deepest concern regarding the statement on Islamic banking in #LatinAmerica made in the prestigious media BBC News. This statement may not accurately reflect the true potential of Islamic banking in the region, especially after attending the Summit SDGs @ IsDB Group and COP16Riyadh • Firstly, the assertion that there is insufficient Muslim population in Latin America to justify the establishment of an Islamic bank does not take into account that Islamic financial systems can be attractive not only to Muslims, but also to a broader audience interested in ethical and sustainable financial practices. Islamic financial principles, such as the prohibition of usury and the emphasis on social responsibility, can appeal to anyone seeking alternatives to traditional banking services. • Secondly, establishing an Islamic bank does not necessarily require significant changes in legislation. Many traditional banks are already beginning to implement Islamic financial products to meet the growing interest in ethical investments. This can include adapting existing financial instruments to Islamic principles, which does not require radical changes to the legislative framework. The achievements of the Islamic Development Bank (IsDB) in initiatives such as COP16Riyadh and its projects in Africa demonstrate real progress in fostering sustainable development and financial inclusion. These successes highlight how Islamic banking can effectively contribute to addressing pressing global challenges while promoting ethical finance. Kira Negron “I believe it is essential to explore the opportunities for Islamic banking in #LatinAmerica more deeply. This is not only a matter of the Muslim population, but also about how Islamic finance can contribute to creating a more ethical and sustainable financial system for everyone. I encourage further dialogue and exploration of the potential of Islamic banking in the region to foster a more inclusive and equitable financial landscape. Together, we’ll discuss pathways to resilient, sustainable, and inclusive land systems.” #isdbinstitute United Nations UN in Saudi Arabia LatinGulf News EU-GCC Dialogue on Economic Diversification #UNESCWA Saudi Spanish Center for Islamic Economics and Finance #SaudiArabia #IslamicBank #UN The Arab Gulf Programme for Development (AGFUND) #COP16 #SaudiLatam #SaudiVision2030 Kuwait Finance House King Fahd University of Petroleum & Minerals - KFUPM

Standard Bank Group has signed an agreement with the IFC - International Finance Corporation to expand local currency lending and accelerate development projects across Africa. Kayode Solola, Head, Global Markets Africa Regions at Standard Bank Group says: “Driven by positive market reforms and attractive returns, global investors have shifted their gaze to Africa. There is also growing interest in sub-Saharan countries with investors recognising the continent’s potential. The agreement with IFC further entrenches Standard Bank’s ability to make a real difference in the countries in which we operate, allowing deeper participation of local stakeholders in their own economy.” Read more: https://lnkd.in/dGnHqcQk #africa