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Africa

British International Investment extends US$100m finance facility to TDB...

British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has announced a US$100m finance facility with the Eastern and Southern African Trade and Development Bank (TDB). The investment is designed to strengthen economic resilience in the region by...

#British International Investment

Afreximbank closes US$282m “first-of-its-kind” India-focused club deal

The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282m.Initiated for the exclusive…

#bank#international#trade


Afreximbank bids farewell to long serving FCI Secretary General...

The Africa Export-Import Bank (Afreximbank) has bid farewell to Peter Mulroy, the long serving Secretary General of FCI who has…

#alternative financing#bank#regulation


GHIB to develop trade finance in Sub-Saharean Africa

The Ghana International Bank (GHIB) has committed to address the urgent trade needs across Sub-Saharan Africa.During the 65th anniversary of…

#bank#financial institution#Ghana Cocoa Board


NMB Bank cooperates with AfDB to provide US$15m trade finance in Zimbabwe

NMB Bank Limited Zimbabwe has announced a groundbreaking partnership with ... (more…)

#African Development Bank


United Bank for Africa and African Guarantee Fund partner...

The United Bank for Africa (UBA) and African Guarantee Fund (AGF) on Monday signed a partnership that ensures that UBA provides US$100m in…

#African Development Bank#bank#international


Bridging the SME funding gap: World Bank’s initiative in...

Kenya launched a US$51.7m loan project for small and medium enterprises funded by the World Bank on Monday. Rebecca Miano,…

#bank#digital#SME lending


Nigerian fintech Duplo launches Vendor Management Portal

Duplo, a Nigerian-based B2B fintech said in a recent statement it has launched its Vendor Management Portal which helps businesses optimise their…

#accounts payable#cash-flow#invoice


BACB whitepaper offers a deep dive into risk management...

In a new paper, the specialist trade finance bank analyses how robust risk mitigation and compliance is the key to…

#Damian Austin#Paul Jennings#risk mitigation


AfDB and TDB forge $150m partnership to boost intra-African...

The Board of Directors of the African Development Bank Group has approved a US$150m Trade Finance Unfunded Risk Participation Agreement…

#African Development Bank#bank#emerging markets


SC Ventures launches SOLV Ghana with invoice financing and...

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, announces the launch of SOLV Ghana, a B2B online…

#BNPL


AfDB grants $7m trade finance guarantee to access Bank...

The Board of Directors of the African Development Bank Group has sanctioned a US$7m trade finance guarantee facility grant to…

#ADB

Zenith Bank and AGF forge partnership to boost MSME...

Zenith Bank (Ghana) and the African Guarantee Fund (AGF) have forged a strategic partnership to bolster funding accessibility for MSMEs…

#African Development Bank#bank#guarantees

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