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African Export-Import Bank (Afreximbank) has officially terminated its credit rating relationship with Fitch Ratings. This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s...
#termination
Rwandan fintech startup Kayko has raised $1.2 million in seed funding to enhance its platform designed to support small and…
#sme finance
Nedbank Corporate and Investment Banking (CIB) has completed a significant restructuring of its trade and supply chain finance (SCF) operations…
#supply chain finance
NCBA Bank and HEVA Fund have signed a financing agreement designed to expand credit access for Kenya’s creative sector, introducing…
#invoice discounting
The Board of Directors of the African Development Bank (AfDB) Group has approved financing of €25m to help Cameroon’s Crédit…
#trade finance
To strengthen access to finance for micro, small, and medium-sized enterprises (MSMEs) in Mauritania, particularly those owned by women, IFC…
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the…
#Afreximbank#ICIEC#trade finance
The Board of Directors of the African Development Bank Group has approved a US$310m financial package to FirstRand Bank, one…
#African Development Bank#financial package#FirstRand Bank
William Tazviinga Murwisi, Managing Director, Olympia Factors Commercial (Pty) Ltd, share insights on the Botswana factoring market in the regional article…
#factoring#Olympia Factors Commerciale#William Tazviinga Murwisi
Nigeria’s informal economy makes up nearly 58 per cent of the country’s GDP, according to techcabal Insights, yet millions of…
#Hadi Finance#invoice finance#SME lending
The Nigerian Senate has moved forward with legislation aimed at improving access to finance for micro, small, and medium-sized enterprises…
#Bill#factoring#Factoring bill
The African Development Bank Group (AfDB) Board of Directors has approved a US$10m trade finance transaction guarantee facility for Exim…
#Exim Bank Tanzania#trade finance
CRDB Bank, Tanzania’s largest commercial bank, has successfully raised a US$200m syndicated loan to expand financing for small and medium…
#CRBD Bank#Intesa Sanpaolo#Investec