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Africa

Deutsche Bank and SACE support local food production in...

Deutsche Bank today announced the closing of a €57m 10-year lending facility to support local food production in the Republic of Angola. Guaranteed by the Italian Export Credit Agency SACE and Banco de Desenvolvimento de Angola (BDA), the facility will fund an...

#Deutsche Bank#SACE

IFC and Bank of Africa Group deepen partnership to...

To support economic activity and job creation in 10 countries across sub-Saharan Africa, IFC today announced an investment in a…

#bank#emerging markets#SME financing


Afreximbank delivers US$10m trade finance facility to Parallex Bank,...

African Export-Import Bank (Afreximbank) has provided a US$10m trade finance... (more…)

#bank#Benedict Oramah#international


Afreximbank enhances financing facility for Fidelity Bank to US$180m...

African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility... (more…)

#Fidelity Bank


AfDB grants Kenya’s Family bank USD30m trade & SME...

The Board of Directors of the African Development Bank Group has approved... (more…)

#ADB#guarantees#SME lending


Republic of Mali adopts factoring law

African Export-Import Bank (Afreximbank) celebrates the adoption and enactment of a factoring law... (more…)

#factoring law


IFC partners with Nigeria’s Union Bank to support trade...

To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC announced a partnership with…

#bank#emerging markets#guarantees


ITFC and ISFD ink US$150m partnership to support trade...

The International Islamic Trade Finance Corporation (ITFC) and the Islamic Solidarity Fund for Development (ISFD), both members of the Islamic…

#Islamic Development Bank


AfDB approves $10m trade finance guarantees in Angola

The Board of Directors of the African Development Bank Group (AfDB) has approved a $10m Trade Finance Transaction Guarantee (TG)…

#AfDB#trade credit insurance


Nigeria’s Bank of Industry Partners with the IFC to...

Nigeria’s Bank of Industry (BoI) is certainly making waves. Having just won four international banking awards in November 2022, the…

#supply chain finance


Nigerian start-up launches invoice management system

Nine months after it was founded Nigerian start-up company, Exin Versa, has launched an invoice management system for its clients.…

#supply chain finance


IFC approves US$35m to support trade and working capital...

The International Finance Corporation (IFC) has approved a credit facility of ... (more…)

#working capital

Niger becomes member of Africa Trade Insurance Agency to...

Following Niger’s membership in African Trade Insurance Agency (ATI)... (more…)

#trade insurance

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