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Africa

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 a US$30 million (4.8 billion naira) five-year line of credit by Canada s export credit agency, Export Development Canada (EDC)....

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


R400m financing fund aims to reach SMEs with ‘blue...

Cape Town-based Business Partners Limited, a specialist risk finance company for formal small and medium enterprises (SMEs), has launched a…

#risk#security#small businesses


Coface strengthens presence in Africa

Credit insurance provider Coface has continued its global expansion by extending its offering in Western and Central Africa. Coface guarantees…

#bank#credit risk#guarantees


Crйdit Agricole launches factoring in outermost EU region

Crédit Agricole Leasing Factoring to start factoring operations at Réunion. (more…)

#leasing


Banks finance government debt at the expense of businesses

Banks continuous preference for zero-risk investments in government securities have been hindering increased funding intervention in the real sector. (more…)

#bank#interest rates#liquidity


COCOBOD to receive USD1.5 billion receivables-backed trade finance facility

Fifteen international banks agreed to provide Ghana Cocoa Board with a USD1.5 billion receivables-backed trade finance facility to finance next…

#ABN AMRO#bank#FirstRand


Growth, Crisis and African Trade Finance after the Arab...

 Dr. Okey Oramah, executive Vice President of Afreximbank gives BCR Factorscan his views on growth, crisis and African trade finance…

#bank#conference#international

IFC and Africa Capitalization Fund agree USD70m SME financing...

The International Finance Corporation (IFC) and the Africa Capitalization Fund, a private equity fund managed by IFC Asset Management Company,…

#bank#financial services#international

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