Barak Fund Management prepares to sell frozen assets; Mercuria gets painted stones instead of $36m of copper; Afreximbank partners with COMESA on $1bn transit guarantee scheme

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:

• Mauritius-based Barak Fund Management is seeking investor approval to move ahead with the sale of its frozen assets in the latest case of implosion at a provider of trade finance 

• Geneva-based Mercuria Energy Group was given painted stones instead of $36 million (£26 million) of copper from a Turkish supplier in a fraudulent deal last summer

• Afreximbank partners with COMESA on $1bn transit guarantee scheme

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