EAIF, AfDB help fund €174m hydropower project in Ivory Coast; Afreximbank, BAFT hold training workshops on correspondent banking in Africa; Greensill inquiry concludes no need for SCF reform

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• The Emerging Africa Infrastructure Fund is lending €25 million over 18 years to Ivoire Hydro Energy (IHE), which will build a 44MW hydro electricity generation plant on the Bandama River near the village of Singrobo, in Côte d’Ivoire

• The US Justice Department is investigating Connecticut-based trading house Freepoint Commodities over whether payments to employees of Brazil's state-run oil company Petrobras broke US laws, two sources said

• On 14 July, a UK Parliamentary Select Committee published its report on the lessons from the collapse of Greensill Capital after taking extensive evidence from the parties involved, including founder and chief executive Lex Greensill and former Prime Minister David Cameron, who had later become an advisor to the company

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