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Africa

On SME use of invoice discounting in SA

Following the survey by Business Partners, which indicates that SME confidence is growing in SA, David Cory comments on the current access of the country’s SMEs to invoice discounting services. (more…)

#assignment#bank#invoice

Business Partners SME survey indicates confidence on the mend

Business Partners index revealed that almost half of SME owners surveyed show confidence that the access to business finance will…

#business finance#financial services#forum


ASBON to set up SME bank

The Association of Small Business Owners of Nigeria (ASBON) is working on establishing an SME mini bank to enable SMEs…

#bank#international#microfinance


Aztec Money launches in Ghana

Aztec Money, an Irish finance company has opened its doors to Ghanaian exporters to facilitate access to funding. (more…)


AGF partners with consortium to finance Cameroonian SMEs

The African Guarantee Fund (AGF) has signed a protocol agreement, worth US$ 100 million, with the Cameroonian Cartel of Businesses…


JPMorgan SME project boosts SA employment

JPMorgan, through the JP Morgan Chase Foundation, says well-structured incubators or business development support services can help SMEs grow their…

#JP Morgan#JPMorgan#management


AfDB invests USD70 million in PTA Bank

AfDB to channel USD70 million to Eastern and Southern African businesses through PTA. (more…)


Ecobank, AGF broker USD50 million deal for SME lending

African Guarantee Fund agrees to back Ecobank's SME financing programmes, including contract and receivables finance, distributorship finance and asset finance.…

#bank#receivables#SME financing


Attijariwafa bank continues export factoring to sub-Sahara Africa

Attijariwafa bank to open subsidiaries in Togo and Niger. (more…)


Wonga to extend loans for South African SMEs

Internet-based short-term loan provider is looking to elongate payment terms for South African SMEs. (more…)

#payment terms#R3#risk


Factoring in South Africa: a country review

David Cory, Head of Debtor Management, Nedbank Business Banking, provides an overview of the South African factoring market for the…

#bank#debt finance#exporters


Nkoma: Large domestic debt taking toll on SMEs

Former Economics Association of Zambia President Noel Nkoma has observed that the government's delay in paying local suppliers is have…

Oasis Capital launches USD50m SME Fund

Oasis Capital Ghana, a licensed capital fund manager, has launched its Oasis Africa Fund (OAF), a US$50-million fund aimed at…

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