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Trade is a key determinant of economic growth, and trade transaction facilitation has given rise to conventional solutions such as documentary collections, letters of credit, and bank guarantees in the Mauritian business ecosystem. Stephanie Cerveaux (pictured), Operations Manager at MCB...
#factoring#MCB Factors Ltd#Stephanie Cerveaux
Billboxx, the integrated billing to payment platform aimed at ensuring timely payments for businesses across Africa, has successfully closed a…
#Abdulazeez Ogunjobi#Alex Bakir#Billboxx
IFC and Ethiopia's Awash Bank have partnered to support increased trade in Ethiopia. The partnership will provide local businesses with…
#Aliou Maiga#Awash Bank#Global trade finance programme
The African Development Bank Group (AfDB) and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed…
#AfDB#TDB#trade finance
The African Development Bank (AfDB) and Bank of Africa SA (BofA) have signed a risk-sharing agreement of €50m to strengthen…
#AfDB#African Development Bank#African trade
The African Development Bank (AfDB) has approved a US$4m trade finance transaction guarantee for Access Bank Sierra Leone Limited (ABSL)…
#AfDB#African Development Bank#Ganiyu Sanni
The African Development Bank (AfDB) Group’s Board of Directors has approved a €5m trade finance transaction guarantee facility for Ecobank…
#African Development Bank#Ecobank#Félix Landry Njoume
To increase the availability of affordable finance and strengthen local enterprises and supply chains across Africa, IFC, a member of…
#C2FO#IFC#sme finance
Absa has successfully secured a US$150m facility from British International Investment (BII) plc as part of its mission to help…
#ABSA#BII#sustainability
The Nigerian Senate has taken a significant step towards improving the financial landscape for Micro, Small, and Medium Enterprises (MSMEs)…
#factoring#factoring legislation
IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its…
#ABSA#IFC#trade finance
In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100m…
#Afreximbank#National Bank of Malawi#trade finance
Factoring continues to grow successfully around the world not only in mature markets but also in emerging markets such as…
#ACFTA#Afreximbank#factoring