TFG Weekly Trade Briefing, 19th February 2024

TFG Weekly Trade Briefing, 19th February 2024

PODCAST: Absa on the trade finance distribution revolution and closing the $2.5tn gap

By: Boitumelo Thoka , Sunday Oladapo ADEIGBE - Hear from Absa about the impact of the global trade finance gap and how it relates to the originate-to-distribute model. Read more →

Addressing Africa’s debt dilemma: The role of ECAs and new strategies

By: Sindiso Ndlovu - Learn from ECIC about the debt crisis that African governments are facing & the need to renegotiate debts in order to avoid defaulting. Read more →

The role of UCP in Standby Letters of Credit transactions

By: Ravi Kumar Jinugu Discover how UCP rules shape Standby Letters of Credit, making global trade smoother and more reliable for finance pros. Read more here. Read more →

Expanding trade opportunities in developing economies through enhanced finance solutions

By: Umair Ismail - As we sail through the choppy waters of global trade in 2024, we find ourselves in a world transformed by both financial and geopolitical shifts. Read more →

Finastra and Tesselate partner to enhance trade finance digitalisation

Finastra and Tesselate, a consultancy and integrator for digital transformation, have announced the introduction of a comprehensive, ready-to-implement service aimed at simplifying and accelerating the digitalisation of trade finance. Read more →

ICISA to host 3rd annual Surety Week

The International Credit Insurance & Surety Association (ICISA) is set to host the third edition of “ICISA Surety Week” from 19 to 22 February 2024. Read more →

Global carbon permit markets reach record €881b in 2023

The value of traded global markets for carbon dioxide (CO2) permits reached a record 881 billion euros ($948.75 billion) in 2023, marking a 2% increase on the previous year, according to analysts at LSEG. Read more →

OECD: 2023 sees mixed progress in global service trade liberalisation

In 2023, OECD’s yearly analysis reported that reforms of service trade liberalisation policies in 2023 fell short of expectations. Despite this, liberalisation policies slightly surpassed the introduction of new restrictions. Read more →

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