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Africa Specialty Risks (“ASR”, the “Group”) and the African Reinsurance Corporation (“Africa Re’) announces today that they have entered into a partnership agreement on the provision of Political Risk and Trade Credit Insurance (“PRI & TC”) through an Underwriting Authority...
#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
Six banks have come together to sign this week a pre-export receivables backed trade finance facility of $1.13bn for Ghana…
#Ghana Cocoa Board#ICBC#Rabobank
Africa’s young population is expected to double in less than 30 years rising to 830m by 2050. Meanwhile, employment opportunities…
#AfDB#Microsoft
African Export-Import Bank (Afreximbank) is delighted to announce the commercial launch of Afreximbank... (more…)
#bank#guarantees#international
African Export-Import Bank (Afreximbank) has commended the Governments of Niger and Burkina Faso... (more…)
Africa’s largest supermarket retailer Shoprite Group has launched a new supply chain finance product for its suppliers in partnership with…
#supplier finance#supply chain finance#Supply Chain Financing