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Africa

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 its SME lending. (more…)

#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


Afreximbank receives USD30m to boost Africa-Canada trade

In a move to improve trade ties between the continent and Canada, the African Export-Import Bank (Afreximbank) has been awarded…


Paragon sees rising demand for loans from wealthy clients

Financial services company Paragon Lending Solutions, a local non-bank lender, announced this week that it was experiencing a surge in…

#bank#financial services#non-bank lenders


Trade Finance in Sub-Saharan Africa – A Specialist Article

  In a specialist article, Dr. Edward George, Head of Soft Commodities research, Ecobank, shares his views on the outlook for…

#African Development Bank#bank#exporters


FCMB and Citibank agree USD20m loan to boost SME...

First City Monument Bank Plc (FCMB) has secured a US$20 million, three-year term loan from Citigroup Global Markets Limited (Citi),…


Coface offers guidance to UK businesses trading in Africa

Coface, the global credit insurance provider, is offering advice to UK businesses who want to expand into the African continent,…

#exporters#international#management

Cadiz partners with US agency in R1bn SME fund

Financial services group Cadiz, in partnership with the US Agency for International Development, have launched a R1 billion Cadiz High…

#financial services#guarantees#international

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