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In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100m Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing...
#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
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, 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, 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, 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
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
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
To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank (Afreximbank), in partnership…
#AFCTFA#Afreximbank#AI
British International Investment (BII), the UK’s development finance institution and impact investor, has pledged US$50m to Access Bank, one of…
#BII
To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected…
#Deutsche 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