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Africa

AfDB and Dashen Bank sign US$40m trade finance facility

The African Development Bank (AfDB) and Dashen Bank have signed a US$40m trade finance transaction guarantee facility designed to support Ethiopia’s vital import and export sectors. Under the agreement, the African Development Bank will provide guarantees of up to 100...

#African Development Bank#Ahmed Attout#Asfaw Alemu

Afreximbank extends EUR15m factoring line to Banque Postale du...

African Export-Import Bank (Afreximbank) has signed a EUR 15m factoring line of credit agreement with Banque Postale du Congo (BPC)…

#Afreximbank#Banque Postale du Congo#Calixte Tabangoli


IFC, TLG Capital announce US$75m first close of African...

To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital announced the…

#IFC#TLG Capital credit fund


Afreximbank launches US$3bn Intra-African trade finance programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30bn annually in petroleum…

#Afreximbank#Benedict Oramah#Intra-African Oil Import Financing Programme


Zimnat launches invoice discounting to empower SMEs in Zimbabwe

Zimnat Microfinance (Zimnat) has unveiled a new invoice discounting facility, launched on the sidelines of the 2025 Zimbabwe International Trade…

#invoice discounting#Lloyd Borerwe#Zimnat Microfinance


AfDB and BOAT sign US$7.5m facility to boost trade...

The African Development Bank (AfDB) and the Bank of Africa Tanzania (BOAT) have signed a US$7.5m trade finance transaction guarantee…

#African Development Bank#Bank of Africa Tanzania


IFC and Afriland First Bank Cameroon partner to boost...

IFC and Afriland First Bank Cameroon (First Bank) have announced a partnership to increase access to finance for thousands of…

#Afriland First Bank Cameroon#Célestin GUELA SIMO#Dahlia Khalifa


African Development Bank provides US$25m trade finance facility to...

The Board of Directors of the African Development Bank Group has approved a US$25m trade finance transaction guarantee facility for…

#Adam Amoumoun#African Development Bank#Bank of Africa Madagascar


FundMyPo offers invoice and purchase order finance to South...

South Africa’s small and medium-sized enterprises (SMEs) have received a welcome boost with the launch of FundMyPo’s new suite of…

#FundMyPo#invoice finance#purchase order finance


CaixaBank joins Proparco’s trade finance programme to strengthen trade...

CaixaBank is partnering with Proparco, the private sector financing arm of the Agence Française de Développement Group (AFD Group), to…

#Agence Française de Développement Group#CaixaBank#Proparco


Rand Merchant Bank adopts Union Systems’ Kachasi trade finance...

Union Systems Limited (USL) announced that Rand Merchant Bank (RMB) has signed a license for its Kachasi trade finance software.…

#Chuks Onyebuchi#Kachasi#Rand Merchant Bank


GHIB and BII announce US$50m partnership to boost cross-border...

Ghana International Bank plc (GHIB), a leading UK-based African financial institution, and British International Investment (BII), the UK’s development finance…

#British International Investment#Dean Adansi#Ghana International Bank

Select Africa taps Veefin for digital transformation

Select Africa, a leading financial institution based in South Africa, has partnered with Veefin Solutions, a global leader in providing…

#digitalisation#fintech#onboarding

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