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Contour, the leading digital trade finance network, announced today that Pan-African bank, Absa Corporate and Investment Bank are intent on joining the network and are in the process of finalising negotiations.Absa CIB clients will be able to adopt a fully...
#AfCFTA#Contour
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 today announced the closing of a €57m 10-year lending facility to support local food production in the Republic of Angola.…
#Deutsche Bank#SACE
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
African Export-Import Bank (Afreximbank) has provided a US$10m trade finance... (more…)
#bank#Benedict Oramah#international
African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility... (more…)
#Fidelity Bank
The Board of Directors of the African Development Bank Group has approved... (more…)
#ADB#guarantees#SME lending
African Export-Import Bank (Afreximbank) celebrates the adoption and enactment of a factoring law... (more…)
#factoring law
To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC announced a partnership with…
#bank#emerging markets#guarantees
The International Islamic Trade Finance Corporation (ITFC) and the Islamic Solidarity Fund for Development (ISFD), both members of the Islamic…
#Islamic Development Bank
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 (BoI) is certainly making waves. Having just won four international banking awards in November 2022, the…
#supply chain finance
Nine months after it was founded Nigerian start-up company, Exin Versa, has launched an invoice management system for its clients.…