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Africa

CDC, Standard Chartered strike a deal to boost trade...

CDC signs agreement with Standard Chartered to help boost trade finance for businesses in Africa and South Asia. (more…)

Gulf Bank secures Sh100m for SMEs funding

Gulf African Bank has signed a Sh100 million agreement with the African Guarantee Fund to support lending to Kenyan SMEs.…

#bank#international#management


Barclays strengthens its South African trade operation

Barclays's Absa hires JPMorgan's Barrass. (more…)


New construction fund to provide invoice discounting

FBZ introduces construction fund to meet the needs of local road constructors. (more…)

#bank#guarantees#interest rates


Billing fraud reaches “alarming proportions”

The Public Protector has asked to assign billing fraud to a special category of criminal offences. (more…)


Experian: Businesses’ debt stress levels increase

South African businesses' debt stress levels affected by weaker business confidence levels in the fourth quarter 2012, says new reports.…

#exports#trade


Kenyan Bank receives Sh100m to boost SME lending

Kenya's I&M Bank has agreed a Sh100 million (US$1.1 million) deal with the African Guarantee Fund (AGF) to back up…

#African Development Bank#bank#guarantees


The Outlook for Trade Finance in Sub-Saharan Africa

  The global trade finance community has gone through a traumatic period over the past two years, as European banks have…

#African Development Bank#bank#exporters


Ecobank secures USD200m AfDB trade finance facility

Ecobank Transnational Incorporated to receive USD200 million injection in its trade finance program for corporates and SMEs in Africa. (more…)

#African Development Bank#bank#international


SC to double SME -orientated business

Standard Chartered bank has announced expansion of its SME offer. (more…)


AfDB offers lines of credit worth USD700m to two...

The African Development Bank (AfDB) has offered lines of credit to two Nigerian institutions, worth US$700million, with the aim of…

#African Development Bank#bank#exports


IFC trade facility to help finance Mauritanian energy imports

The International Finance Corporation (IFC) has invested US$127.5 million in a trade facility that will finance Mauritania's entire refined energy…

#banks#GDP#global trade

Government unveils new SME financing scheme

The Government of Cameroon has launched a new scheme that will see SMEs have a new financing mechanism in the…

#banks#Paid#SME financing

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