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IFC and Citi launch new sustainability-linked programme for food suppliers in Asia

The International Finance Corporation (IFC), Citi and multinational food company McCormick have rolled out a new programme offering environmental and sustainability-linked financing incentives to McCormick’s herb and spice suppliers. The programme has been launched in Indonesia and Vietnam, where suppliers will qualify for discounted rates on their short-term working capital financing when they meet sustainability .

Asia s recovery dominance: shaping a new world order for trade?

Regional growth in goods trade has been more varied than ever before amid the recovery from the pandemic, according to a World Trade Organization (WTO) report. The East – steered by China – is dominating the global rebound, while Western powers lag behind. It has been clear for the last 12 months that East Asian .

UKEF in biggest ever West Africa facility for Côte d Ivoire hospitals

A €241mn facility extended by the UK export credit agency for the construction of six hospitals in Côte d’Ivoire has been activated after being signed earlier this year. The deal between UK Export Finance (UKEF) and Côte d’Ivoire’s economy and finance ministry includes a combination of direct lending and buyer credit. It is accompanied by .

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