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The International Finance Corporation (IFC) signed on Wednesday with I&M Bank a two-year advisory deal of US$0.5m to expand access to finance for small and medium enterprises. The engagement follows IFC’s US$10m subordinated loan to I&M Bank in May 2018 to...
#bank#financial institution#international
Barclays Bank Ghana has committed to providing credit support to SMEs... (more…)
#SME financing
OrganiMark, a South Africa-based value chain engineering company, has teamed with blockchain platform... (more…)
#blockchain#trade
Factoring and Supply Chain Finance Ltd (FSCF) has secured the license from Central Bank of Nigeria (CBN) to start... (more…)
#trade receivables financing
...the Lebanese Credit Insurer’s servicing arm, has completed the implementation of tailored trade... (more…)
#trade credit insurance
Microsoft and pan-African digital payments company Interswitch Group have announced... (more…)
#bank#blockchain#digital
On his third visit to Nigeria, Peter Mulroy, the Secretary-General of FCI... (more…)
#factoring legislation
The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announce the successful completion of... (more…)
#African Development Bank#bank#guarantees
Africa’s micro, small and medium enterprises (MSMEs) have traditionally found it hard to acquire bank credit... (more…)
African Export-Import Bank (Afreximbank) allocated $150m fund for Africa's factoring activities... (more…)
#bank#guarantees#liquidity
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
The Nigerian Export-Import (NEXIM) Bank has called for the speedy passage of the factoring bill presently before... (more…)
#bank#exporters#international
Tariro Muzenda and Takudzwa Chinhengo from Harare Receivables Finance Ltd are describing the future of... (more…)
#financial services