Latest International trade financing News

Partisan vote in House for Export-Import Bank measure

Nov. 15, 2019 12:49 PM EST

WASHINGTON (AP) — The Democratic-controlled House split along party lines Friday to pass a measure renewing the charter of the Export-Import Bank, a U.S. agency that provides loans and other help to foreign buyers of U.S. exports. Just 13 Republicans joined with Democrats to pass the measure, a tally that...

As China builds up Africa, some in Uganda warn of trouble

Oct. 24, 2019 5:16 AM EDT

KAMPALA, Uganda (AP) — China's assertive, large-scale investments in Africa are starting to find pushback in Uganda, where some critics worry the East African nation is using oil it hasn't even begun to produce to borrow hundreds of millions of dollars for infrastructure projects. Longtime President Yoweri...