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The Board of Directors of the African Development Bank Group (AfDB) has approved a $10m Trade Finance Transaction Guarantee (TG) to Banco Fomento de Angola S.A. (BFA). Leveraging BFA’s strategic footprint in Angola, this guarantee will provide support to Small...
#AfDB#trade credit insurance
Nigeria’s Bank of Industry (BoI) is certainly making waves. Having just won four international banking awards in November 2022, the…
#supply chain finance
Nine months after it was founded Nigerian start-up company, Exin Versa, has launched an invoice management system for its clients.…
The International Finance Corporation (IFC) has approved a credit facility of ... (more…)
#working capital
Following Niger’s membership in African Trade Insurance Agency (ATI)... (more…)
#trade insurance
Africa Specialty Risks (“ASR”, the “Group”) and the African Reinsurance Corporation (“Africa Re’) announces today that they have entered into…
#political risks#trade credit#trade credit insurance
During the Lagos International Trade Fair, Muyiwa Akinyemi, Deputy ... (more…)
#UBA
Nigeria’s credit-led SME fintech has announced the proposed acquisition of Maritime Microfinance Bank (MFB), a financial institution specialising in saving…
#SME lending
Breeze, a startup that powers trade by providing financial services to supply chain businesses in Africa... (more…)
#Finverity#supply chain finance
In order to expand the scope of financing instruments for businesses... (more…)
#factoring law#Sani Yaya
In Togo, factoring has recorded a positive development since its introduction in 2019. Outstanding financing by factoring increased from FCFA…
#Sani Yaya
The Board of Directors of the African Development Bank Group (AfDB) on... (more…)
#African Development Bank#FirstRand Bank
Standard Investment Bank (SIB), one of Kenya’s first indigenous investment banks has partnered with Recolte Ltd, a trade finance intermediary…
#purchase order finance