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Africa

Afreximbank loans BNDE €20m to develop factoring in Senegal

Mrs. Kanayo Awani, Managing Director, Afreximbank intra-African commercial initiative and the Managing Director of BNDE Abdoulaye NIANE signed Wednesday, June 7, 2023, in Dakar an agreement for an amount of €20m or FCFA13.119bn.A third line of credit will support BNDE...

#BNDE#Kanayo Awani

Fiducia rolls out SCF solution in Nigeria

Fiducia, a Nigerian technology-leveraged supply chain financing platform, has rolled out the first-of-its-kind solution that will further drive the growth…

#Fiducia#supply chain finance


Afreximbank and Fiducia join forces to promote factoring and...

In a move that is set to change the face of supply chain and SME financing in Africa, the African…

#Fiducia#Kanayo Awani#supply chain finance


DP World and Standard Bank partner to expand trade...

Standard Bank, the largest bank in Africa by assets, has partnered with DP World, a global leader in supply chain…

#DP World#Kenny Fihla#Sinan Ozcan


Côte d’Ivoire adopts factoring law

The Economic and Financial Affairs Committee of the Senate of Côte d'Ivoire has adopted a uniform law in the West…

#factoring law


Afreximbank provides €10m factoring facility to Banque Postale du...

African Export-Import Bank (Afreximbank) has signed a landmark agreement with Banque Postale du Congo... (more…)

#Kanayo Awani


Absa CIB accesses Contour’s trade finance network

Contour, the leading digital trade finance network, announced today that Pan-African bank, Absa Corporate and Investment Bank are intent on…

#AfCFTA#Contour


African Development Bank approves trade finance facility to Banque...

The Board of Directors of the African Development Bank (ADB) Group has approved a trade finance transaction guarantee facility to…

#African Development Bank


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.…

#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

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