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The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) and expand trade across Africa. The agreement includes a ZAR 3.6bn (US$0.2bn) investment...
#African Development Bank#Ahmed Attout#Kenny Fihla
China Systems (CS), a global leading trade and supply chain finance (SCF) software provider, and Nedbank, one of South Africa’s…
#China Systems#Nedbank#scf
Investment Overview Verdant Capital Hybrid Fund has made its fifth investment, committing US$2m in junior convertible debentures to UsPlus Limited,…
IFC and BNI Madagascar today announced a partnership to expand access to local currency financing for smaller businesses in Madagascar,…
#BNI Madagascar#IFC#sme finance
Trade is a key determinant of economic growth, and trade transaction facilitation has given rise to conventional solutions such as…
#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