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$500 Million Agreement Signed for Export Support Scheme by Afreximbank

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The African Export-Import Bank (Afreximbank) has reached an agreement with the Export Development Bank of Egypt (EBE) to supply the Egyptian bank with a $500 million scheme to support exports and investments by Egyptian businesses to other African countries.

The scheme is named the “Export Credit Support Scheme (ECSS)”. The scheme includes a selection of programs, products and services rendered by Afreximbank in partnership with the EBE to cushion them from the risk of non-payment of loans or advances in realizing short or medium-term export contracts.

Readmore..... Wednesday, 13 December 2017 04:35
 
   

Coffee Exports from India Rise by 8%

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Indian coffee exports are expected to experience an 8 percent rise in the months of January through November of 2018. Germany, Russia and Italy were the most popular export destinations for coffee from India.

India ships Robusta and Arabic varieties of coffee in addition to instant coffee. Robusta coffee exports have overseen a rise of 10.80 percent, recording 2,11,442 tonnes in January-November 2017. In comparison to 1,90,828 tonnes in the year before that.

India is Asia’s third largest producer as well as exporter of coffee. The volume of exports rose by 8.08 percent to 3,61,000 tonnes in the January-November 2017 period. The January-November period of 2016 recorded a similar figure 3,34,000 tonnes. This is according to figures released by the Coffee Board.

Readmore..... Thursday, 07 December 2017 10:59
 
   

Russia Hopes to Dominate Global Gas Market

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Russia made a stride nearer to turning into the world's biggest exporter of shipped gas with a $27bn venture in the Arctic Circle.

The liquefied natural gas (LNG) venture, situated by Russia's remote Obe River in the far north, started production on Tuesday and will send out its first cargo of super-cooled liquid gas before the week is over.

The Yamal LNG venture drives Novatek, its chief developer, from a local Russian gas provider to a noteworthy player in the growing worldwide market for LNG with potential exports of 16.5 million metric tons of gas each year.

By utilizing uniquely manufactured ice-breaking tankers to explore the Arctic waters Novatek hopes to split the time required to send gas to China in half, which has driven worldwide gas interest for previous twenty years.

Royal Dutch Shell, Exxon Mobil and Chevron are additionally vying for a cut of the LNG market which is grabbing steam as nations move away from consuming coal for power needs.

Readmore..... Thursday, 07 December 2017 09:18
 
   

THE 2nd ASIA (GUANGZHOU) BATTERY SOURCING FAIR(GBF ASIA 2017)

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Breakthrough was made in Oversea Brand Representations, such as DHS Instruments, Mikrouna, O-PA and Hesse from Germany, TANAKA Electronics, Zeon, ULVAC from Japan, EV Meter, Keysight and Pleiades from the US, XYREX NANO from Korea, etc.

High Exhibitor Satisfaction Rate and Exhibitor Testimonials:
Our products have elicited inquiries from a lot of oversea and domestic buyers with the advantages of rich features, long lifespan, high performance, and etc. Cooperation intention of buyers from Europe and Southeast Asia was especially strong. We even ran out of company brochures on the first day!
——Highstar

Not only the exhibitors at this show were of significant status in the trade, but also its visitors. Surveying our buyer registration list, we could see World-leading Enterprises like Microsoft, LG Chem, Roadmasters, Chrysler, Jaguar Land Rover, Tesla Labs, and etc. New energy related Government Agencies of Nigeria, Afghanistan, Bangladesh, India, Nepal, etc, were also actively seeking partners for their national projects. Federation of Indian Small Scale Battery Associations (FISSBA) even organized a buyer group of over 55 company delegates to visit the show! What’s more, sharing mutual buyers with several Concurrent New Energy Shows under one roof, GBF Asia 2017 gestated business opportunities beyond imagination!

   

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