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The International Finance Corporation (IFC) has provided a credit line of US$50million to I&M Bank Ltd. to support lending to small and medium businesses in Kenya. (more…)
First Finance Company has paid out more then EUR34 million in invoice financing since 2010. (more…)
#invoice#Paid#smes
Nedbank said it advanced R240m to First Strut, which collapsed last month after the murder of its chairman. (more…)
#bank#Nedbank
Heritage Bank offers concessionary funding support to SMEs. (more…)
The West African Development Bank and Burkina Bail signed a loan agreement. (more…)
Reserve Bank expects the new Microfinance Bill to help SMEs, which are neglected by Zimbabwean banks due to lack of…
#bank#financial services#interest rates
SME funding government programme failed to achieve its objectives. (more…)
#Access to Finance#funding#management
The recent study by The Hackett Group, consultancy group, shows that South African mining companies have more than R48.6-billion in…
#crisis#interest rates#invoice
Algerian authorities prepare measures to make trade finance activities less attractive. (more…)
#bank#international#International Trade
Access Bank Ghana introduced comprehensive financial and service support for SMEs. (more…)
African Development Bank launches a USD400 million risk sharing facility with Standard Chartered. (more…)
#African Development Bank#bank#exports
Certain major retail chains in South Africa are implementing a 10 per cent of annual purchases as a warranty reserve…
Delayed payment from government departments puts enormous financial strain on small businesses. (more…)
#invoice#late payment#management