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Africa

First credit reference bureau for businesses launches in Kenya

The first credit commercial sector bureau in Sub-Saharan Africa has been launched in Kenya... (more…)

#credit risk#management#risk

IBM rolls out new SCF platform across Africa

IBM is rolling out a new supply chain finance platform across Africa, using machine learning algorithms and blockchain technology to…

#bank#blockchain#smes


African and Indonesian banks allocate US$100m for financing ...

The African ...and the ... entered into an agreement to commit up to US$100 million to support businesses and trade…

#bank#exporters#exports


Lebanese credit insurer expands to 11 African markets

The Lebanese Credit Insurer... has expanded its debt collection services to cover... (more…)

#debt collection#management#payment behaviour


South African firm’s acquisition of UK asset-based lender gets...

A court has approved ...’s ZAR 20bn (£1.1bn) acquisition of UK-based specialist lender ..., with the expectation that ... (more…)

#Aldermore#asset-based lender#bank


African SMEs to access US$74 million fund

The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re-guarantee transaction of US$74 million... (more…)

#emerging markets#guarantee#guarantees


Zimbabwean lender sets aside US$10m for SMEs  

Homelink Finance Services has set aside over US$10 million to enhance the export capacity of small to medium enterprises (SMEs)…

#bank#exporters#international


HPD Software and FCI collaboration fuels student dreams to...

Keen to facilitate education and development of the commercial finance industry, HPD and FCI came together to support... (more…)

#commercial finance#emerging markets#financial institutions


Barclays Africa names new regional head of trade

...has joined Barclays Africa as regional head of trade (excluding South Africa) in Johannesburg... (more…)

#ABSA#bank#global trade


Afreximbank urges use of factoring to expand Africa’s regional...

African countries should make use of factoring in order to take advantage of the opportunities for expanding the continent’s regional…

#bank#conference#exporters


New accounting standard will make loans, insurance expensive in...

Uganda’s banking and insurance industries are envisaging good times ahead as they embrace the new global accounting standards effective this…

#guarantees#international#management


IFC provides US$100 million to FNB to expand SME...

The International Finance Corporation (IFC), a member of the World Bank Group, announced new financing of US$100 million to support…

#SME lending

IFC extends US$61.8m finance for SME lending in South...

IFC, a member of the World Bank Group, has announced that it will extend a seven-year ZAR 740 million (US$61.8m)…

#SME lending

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