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Billboxx, the integrated billing to payment platform aimed at ensuring timely payments for businesses across Africa, has successfully closed a US$1.6m pre-seed funding round. The investment round saw participation from renowned investors including Norrsken Accelerator, Kaleo Ventures, Founders Factory Africa...
#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
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