According to TXF Intelligence, the surge in ECA-backed debt within commodity trading houses has significantly expanded since pre-pandemic levels. Traders accessed a total of $3.454 billion in export finance in 2019 and $2.382 billion in 2020. Remarkably, 2023 witnessed a substantial increase, reaching a total volume of $16.392 billion. We bring together export financiers and commodity traders to discuss the outlook for this ever-growing dynamic and assess how they can collaborate more effectively to ensure a bright future.

To kick off the 10 year anniversary of TXF Global Commodities, independent economist Rebecca Harding addresses the political risk of supply chains, tapping into national security strategies and how this impacts sustainability issues, such as food security and climate change.

Africa has some of the world's most valuable deposits of metals and minerals that are needed to drive the Fourth Industrial Revolution (4IR) globally. Global rivals the US and China, as well as Middle Powers the UAE and Saudi Arabia, are scaling up engagement with African countries to secure access to these resources. What does this mean for African economies and mining sectors? Will there be another wave of resource nationalism? And will global supply chains facilitate this emerging trend?

In this session, we heard from producers across the metals, energy, and agri spaces on how they are tackling the top headwinds and opportunities of 2024. What ways are producers financing themselves beyond bank financing? In what ways are the relationships between producers and traders evolving beyond just financial support, and towards logistical/supply chain support?