China 'orders halt to imports of Australian coal’; Proparco, Bpifrance launch Averroès Africa; BMO promises real-time cross-border payments through RTP linkup

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:

• Bpifrance and Proparco have announced the first closing of Averroès Africa, their fourth fund of funds for Africa

• China’s customs authorities have reportedly told several Chinese state-owned steelmakers and power plants to stop importing Australian coal

• Canada's BMO Financial Group has unveiled a partnership with The Clearing House Payments Company, allowing business customers in the US to receive funds immediately from any sending participant bank in the Real-Time Payments network

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