Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the resource-rich continent. “Let me make a promise,” Abe told …
The U.S. Export-Import Bank faced an imminent shutdown of its new lending and insurance activities as lawmakers left Washington on Thursday for an 11-day break without renewing the trade lender’s charter. Ex-Im’s authority to make new loans or write new …
Private sector trade finance has not fully recovered from its financial-crisis collapse, and it is not clear it could fill the gap if the U.S. state-run export lender closes. Conservative U.S. lawmakers are clamoring to shutter the Export-Import Bank, an …
