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Parallex Bank Secures $10 Million Trade Finance Facility From Africa Export Import Bank
This finance is part of Afreximbank’s commitment to supporting the growth and development of financial institutions in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Web3 Protocol Polytrade Raises $3.8 Million to Improve Global Trade
The protocol aims to streamline supply chains through real-time data, Piyush Gupta, founder and CEO of Polytrade, said to TechCrunch.
- Categories
- Technology
- Region
- Global
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Understanding Deglobalization: What the Backlash to Trade Liberalization Means for Business Growth and Global Inequality
Extensive trade liberalization, often referred to as globalization, was one of the most transformative economic events of the last century — and also one of the most controversial. As political support for protectionist policies grows, Aishwarya Lakshmi Ratan at Yale Economic Growth Center and Bomi Okuyiga at Yale's Jackson School of Global Affairs share research insights that help illuminate the impact globalization has had on businesses and workers in low- and middle-income countries, with the goal of understanding how they may be affected by the current backlash.
- Categories
- Technology
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Addressing India’s Economic Achilles Heel: Leveraging Trade and Digitalisation to Boost Women’s Labour Force Participation
India will soon become the world’s most populous country and third-largest economy, and it is a bright spot in an otherwise gloomy global economic forecast. But as international development consultant Abhirup Bhunia points out, the labour force participation rate for women in India is just 24% — far lower than most countries. He argues that India will not realize its potential if women’s economic participation fails to increase, and explores how the country can leverage international trade and digitalisation to empower women to drive its emergence as a global economic powerhouse.
- Categories
- Finance, Technology
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Analysis: Driving Global Trade for Development
Countries and firms integrated into global value chains have been more resilient to shocks and have recovered faster.
- Categories
- Impact Assessment
- Region
- Global
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Press Release: Prime Bank Receives $50 Million from IFC to Support Trade, Forex Liquidity Needs in Bangladesh
The financing package is part of IFC's 'Fast Track COVID-19 Facility,' a package designed to support countries and private sectors to cope with the impacts of the pandemic.
- Categories
- Investing
- Region
- Asia Pacific
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African Development Bank Approves $50 Million and Eur 50 Million Trade Finance Transaction Line of Credit for Ecowas Bank for Investment and Development (Ebid) To Enhance Food Security and Boost Agricultural Value Chains in the Region
The Board of Directors of the African Development Bank Group has approved a dual-currency Trade Finance Line of Credit for ECOWAS Bank for Investment and Development (EBID).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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How Foreign Aid Can Innovate Itself Out of Existence: Exploring the Potential of Market-Creating Innovation for Sustainable Development
The foreign aid sector has long been criticized for its inability to generate consistent economic growth and poverty alleviation in developing countries. According to Efosa Ojomo at the Clayton Christensen Institute for Disruptive Innovation, a new approach to aid is needed: one that recognizes the power of business innovation to create new markets that advance local prosperity. He discusses a new pan-African initiative based on that approach, which aims to mobilize aid, business and African institutions to build new markets that generate self-sustaining economic growth.
- Categories
- Health Care, Investing
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