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Africa

FSCF Nigeria receives CBN’s licence to start trade receivables...

Factoring and Supply Chain Finance Ltd (FSCF) has secured the license from Central Bank of Nigeria (CBN) to start... (more…)

#trade receivables financing

Lebanese Credit Insurer launches credit insurance program with ASKIA...

...the Lebanese Credit Insurer’s servicing arm, has completed the implementation of tailored trade... (more…)

#trade credit insurance


Interswitch and Microsoft partner to launch SCF in Nigeria

Microsoft and pan-African digital payments company Interswitch Group have announced... (more…)

#bank#blockchain#digital


Legislation hampers €2.5tr global factoring deals in Nigeria

On his third visit to Nigeria, Peter Mulroy, the Secretary-General of FCI... (more…)

#factoring legislation


African Development Bank launches US$500m credit insurance deal with ATI...

The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announce the successful completion of... (more…)

#African Development Bank#bank#guarantees


Fintech revolution supports African MSMEs

Africa’s micro, small and medium enterprises (MSMEs) have traditionally found it hard to acquire bank credit... (more…)

#SME financing


Afreximbank directs US$150m for factoring activities in Africa until...

African Export-Import Bank (Afreximbank) allocated $150m fund for Africa's factoring activities... (more…)

#bank#guarantees#liquidity


Nigeria to establish SME microfinance bank

To support small-scale businesses in Abia state, the state government has disclosed plans to establish a small and medium enterprise…

#bank#business finance#invoice


NEXIM Bank calls for speedy passage of factoring bill...

The Nigerian Export-Import (NEXIM) Bank has called for the speedy passage of the factoring bill presently before... (more…)

#bank#exporters#international


Bringing further financial services in Zimbabwe

Tariro Muzenda and Takudzwa Chinhengo from Harare Receivables Finance Ltd are describing the future of... (more…)

#financial services


ADB, Mariner Investment Group, Mizuho and Africa50 price US$1bn...

The African Development Bank (AfDB), the European Commission, Mariner Investment Group, LLC (Mariner), Africa50, and ... (more…)

#securitisation


Innovative fintech solutions on rise in Zimbabwe

Tariro Muzenda and Takudzwa Chinhengo from Harare Receivables Finance Ltd. are describing the fintech level of... (more…)

#bank#financial services#platforms

Afreximbank to boost African trade with US$850m funding from...

The US$850m in financing facilities being made available to the African Export-Import Bank ... (more…)

#bank#Bank of China#Benedict Oramah

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