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Global payments technology company, Mastercard and B2B commerce platform, Boost, have collaborated to provide digital payment wallets and embedded supply chain finance to empower and expand small businesses in the Fast-Moving Consumer Goods (FMCG) sector in Africa. This collaboration aims...
#Boost#digitisation#embedded finance
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed XOF23.5bn (US $39m) to a…
#receivables securitisation
African Guarantee Fund (AGF) has signed a landmark partnership agreement with Vista Group Holding to accelerate access to finance for…
#financial inclusion
Unlike other African countries, Botswana has excellent political stability and a stable economy, with no foreign exchange controls on foreign…
#assignment of receivables#bank#invoice
The Board of Directors of the African Development Bank Group (ADB) has approved a trade finance transaction guarantee facility to…
#AfCFTA#African Development Bank
The Board of Directors of the African Development Bank Group has approved a US$25m trade finance line of credit facility…
#African Development Bank Group
eBiashara, a pioneering force in innovative fintech solutions, has announced its strategic partnership with FMDQ Group Nigeria, a leading financial private…
#liquidity#supply chain finance
Nigerian digital trade-finance platform, FrontEdge, has raised US$10m in debt and equity funding to support cross-border trade and expand its operations…
#emerging markets#exporters#smes
Securitisation as a financial tool for African economies was given a fillip last week at the African Financial Industry Summit…
#receivables securitisation#Sani Yaya
Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialised pan-African guarantee provider, have joined forces…
#Ecobank#risk sharing agreement#SME lending
The signing of significant trade finance agreements between the African Export-Import Bank (Afreximbank) and several leading business entities from across…
#export finance
Afreximbank appoints Mr Haytham El Maayergi as its Executive Vice President of Global Trade Bank (EVP GTBA).Mr. El Maayergi brings…
#Benedict Oramah
The Board of Directors of the African Development Bank has approved a financial package for Absa Group Limited comprising a…
#ABSA#AfDB#sustainable finance