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The Board of Directors of the African Development Bank Group has approved a €25.5m trade finance facility for the Générale de Banque de Mauritanie (GBM) to enhance its financial offerings to large corporates, small and medium-sized enterprises (SMEs), and women-led...
#African Development Bank#Leila Boumatou#Malinne Blomberg
BAS Group, a Nigerian investment company with a keen interest in underpenetrated markets, has taken a significant strategic step by…
#Abdulateef Hussein#Ahmad Shehu#Angel Onuoha
African Export-Import Bank (Afreximbank) has signed an agreement to provide the Banque de Développement des États de l’Afrique Centrale (BDEAC)…
#Afreximbank#BDEAC#Benedict Oramah
Surecomp® today announced that Rand Merchant Bank (RMB), has selected its award-winning Trade Finance-as-a-Service (TFaaS) solution to drive seamless digital…
#Rand Merchant Bank#surecomp#TFaaS
To make loans more accessible and affordable for small and medium enterprises (SMEs), IFC has set up a risk-sharing facility…
#credit risk#FirstRand Bank#IFC
Finceptive Limited (Finceptive), a Nigerian a specialised working capital provider, has successfully raised NGN 3bn (US$1.9m) through its inaugural commercial…
#commercial paper#Finceptive#supply chain finance
IFC has announced new partnerships with Coris Bank International in Benin and Togo and Banque El Amana in Mauritania that…
#Banque El Amana#Coris Bank International#Global trade finance programme
Standard Chartered, a leading international cross-border bank, and British International Investment (BII), the UK’s development finance institution and impact investor,…
#British International Investment#Standard Chartered#trade finance
The African Development Bank (AfDB) and Dashen Bank have signed a US$40m trade finance transaction guarantee facility designed to support…
#African Development Bank#Ahmed Attout#Asfaw Alemu
African Export-Import Bank (Afreximbank) has signed a EUR 15m factoring line of credit agreement with Banque Postale du Congo (BPC)…
#Afreximbank#Banque Postale du Congo#Calixte Tabangoli
To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital announced the…
#IFC#TLG Capital credit fund
To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30bn annually in petroleum…
#Afreximbank#Benedict Oramah#Intra-African Oil Import Financing Programme
Zimnat Microfinance (Zimnat) has unveiled a new invoice discounting facility, launched on the sidelines of the 2025 Zimbabwe International Trade…
#invoice discounting#Lloyd Borerwe#Zimnat Microfinance