Atradius DSB is preparing to launch a product aimed at boosting critical mineral imports into the Netherlands, joining several other export credit agencies (ECAs) in tackling concerns over long-term supply. The Dutch ECA has started a pilot phase for a facility that will enable loan guarantees for foreign raw materials projects, thereby bolstering manufacturing in ...| Global Trade Review (GTR)
Battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure additional financing or investment, souring a big bet by banks and export credit agencies (ECAs) on European EV battery production. A pioneer of green battery production in Europe, the company filed for bankruptcy protection in the US last year after running ...| Global Trade Review (GTR)
Export credit agencies (ECAs) are increasingly channelling support for energy deals to high-income countries as they shift to renewables, a study has found, further shrinking poorer nations’ access to energy finance. Wealthy nations have driven a sharp rise in export credit support for renewable energy technology in recent years, but a study published today in ...| Global Trade Review (GTR)
There was a rebound in export credit agency activity in Sub-Saharan Africa last year, as agencies struck big-ticket deals across infrastructure and renewable energy sectors, fresh data shows.| Global Trade Review (GTR)
Export credit agencies and commercial trade credit insurers have celebrated an “exceptional” year for some key product lines, but are also experiencing a sharp rise in claims from customers, newly released data shows. New short-term trade credit insurance business rose 6% year-on-year to US$2.8tn in 2023, while medium and long-term (MLT) business shot up by…| Global Trade Review (GTR)