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Africa

WFY’24: Factoring continues to grow successfully in Botswana

Factoring continues to grow successfully around the world not only in mature markets but also in emerging markets such as Botswana, said William Tazviinga Murwisi,Founder & Managing Director, Olympia Factors Commerciale (Pty) Ltd, Botswana in his regional article included in...

#ACFTA#Afreximbank#factoring

DP World and Nedbank partner to boost trade financing...

Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade…

#DP World#Nedbank#trade finance


NAICOM to support factoring group transformation into an association

The National Insurance Commission of Nigeria (NAICOM) has assured its support for the ongoing efforts to transform the Nigerian Factoring…

#factoring association#Hope Yogo#NAICOM


Waza secures US$8m to expand into trade finance

Waza, an African fintech startup dedicated to transforming cross-border payments in emerging markets, has raised US$8m in new funding. The…

#B2B#cross-border payments#emerging markets


Waza raises US$8m to expand B2B payments and trade...

Waza, a B2B payment and liquidity provider for emerging market businesses, has secured US$8m in a combination of equity and…

#B2B payments#cross border payments#liquidity


Mansa launches liquidity pool on Base to empower African...

Mansa, a Kenya-based pioneering fintech specialising in liquidity solutions for multinational exports and cross-border payments in emerging markets, has announced…

#blockchain#emerging markets#exports


Afreximbank to double intra-African trade financing to US$40bn by...

African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20bn in 2021 to US$40bn by 2026,…

#trade finance


AfDB supports trade finance in Ethiopia with US$40m guarantee

In order to support trade finance activities in Ethiopia, African Development Bank (AfDB) has approved a US$40m transaction guarantee facility…

#African Development Bank#Dashen Bank#guarantee


Afreximbank and Inter-Governmental Action Group partner against money laundering

To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank (Afreximbank), in partnership…

#AFCTFA#Afreximbank#AI


BII commits US$50m to Access Bank in FMO-Led US$295m...

British International Investment (BII), the UK’s development finance institution and impact investor, has pledged US$50m to Access Bank, one of…

#BII


IFC and Deutsche Bank partner to enhance trade finance...

To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected…

#Deutsche Bank


Afreximbank signs two deals totaling US$80m for Zimbabwe’s CBZ Bank

In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60m line of…

#bank#forum#international

Afreximbank, CBZ bank launch $80m trade boost for Zimbabwe

Afreximbank, a prominent multilateral financial institution, has partnered with CBZ Bank to provide an $80m facility aimed at bolstering trade…

#bank#exporters#forum

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