Demica facilitates SCF expansion to Nigerian businesses


Demica, the fintech specialising in supply chain finance solutions, has announced the expansion of supply chain finance to Nigerian businesses, including SMEs, transforming working capital optimisation and liquidity through a new banking partnership between African Export-Import Bank (Afreximbank) and Sterling Bank.

African Export-Import Bank and Sterling Bank have partnered to introduce the innovative AFREXIMBANK TRADELINK in Nigeria, leveraging Demica’s proven payables finance technology as well as its intuitive supplier onboarding tool.



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