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To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital announced the first close of a new private credit fund, TLG Africa Growth Impact Fund II (AGIF II), with US$75m raised. IFC,...
#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
The African Development Bank (AfDB) and the Bank of Africa Tanzania (BOAT) have signed a US$7.5m trade finance transaction guarantee…
#African Development Bank#Bank of Africa Tanzania
IFC and Afriland First Bank Cameroon (First Bank) have announced a partnership to increase access to finance for thousands of…
#Afriland First Bank Cameroon#Célestin GUELA SIMO#Dahlia Khalifa
The Board of Directors of the African Development Bank Group has approved a US$25m trade finance transaction guarantee facility for…
#Adam Amoumoun#African Development Bank#Bank of Africa Madagascar
South Africa’s small and medium-sized enterprises (SMEs) have received a welcome boost with the launch of FundMyPo’s new suite of…
#FundMyPo#invoice finance#purchase order finance
CaixaBank is partnering with Proparco, the private sector financing arm of the Agence Française de Développement Group (AFD Group), to…
#Agence Française de Développement Group#CaixaBank#Proparco
Union Systems Limited (USL) announced that Rand Merchant Bank (RMB) has signed a license for its Kachasi trade finance software.…
#Chuks Onyebuchi#Kachasi#Rand Merchant Bank
Ghana International Bank plc (GHIB), a leading UK-based African financial institution, and British International Investment (BII), the UK’s development finance…
#British International Investment#Dean Adansi#Ghana International Bank
Select Africa, a leading financial institution based in South Africa, has partnered with Veefin Solutions, a global leader in providing…
#digitalisation#fintech#onboarding
The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding…
#African Development Bank#Ahmed Attout#Kenny Fihla
China Systems (CS), a global leading trade and supply chain finance (SCF) software provider, and Nedbank, one of South Africa’s…
#China Systems#Nedbank#scf