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Africa

Factoring in South Africa – World Factoring Yearbook 2012

  Mark Seland, Head of Business Development Standard Bank of South Africa Ltd provides an overview of the South African factoring market for the World Factoring Yearbook 2012 covering industry environment, market performance, supply and future trends. (more…)

Factoring Opportunity in Zimbabwe?

A Zimbabwe based organisation is looking for investors to launch factoring business. (more…)


Tradehold takes indirect stake in two specialist financial services

Tradehold Ltd, a South African investment holding company, buys indirect stake in West Yorkshire-based alternative finance providers. (more…)


IFC invests in a risk-sharing mechanism with BICICI to...

The International Finance Corporation (IFC) has signed an agreement to share risk with the International Bank for Trade and Industry…

#bank#international#risk


Debtor Finance Committee raises legislation concerns

Members of the South African Banking Association's Debtor Finance Committee have expressed concerns about new government legislation. (more…)

#insolvency#invoice#management


African businesses are at risk of major credit scams

Coface to identify major credit scams in the South African region (more…)

#bank#frauds#risk


AfDB takes on private sector risks

The African Development Bank (AfDB) has established a fund to absolve the risk of SME funding on the continent. (more…)

#African Development Bank#bank#guarantee


BNP Paribas starts factoring in Senegal

Bank for Trade and Industry of Senegal (BICIS), a subsidiary of BNP Paribas, launches factoring. (more…)

#bank#economy#smes


South Africa – Why isn't debtor finance growing?

Factored turnover in South Africa grew by only 7% in 2011 and when inflation is taken into account there was no real…


Debtor Financing Committee release 2011 statistics

Debtor Financing Statistics for 2011 issued by the Banking Association South Africa show continued slow growth in debtor finance but…


Financiers target SMEs with new lending model

Equity Bank has secured a Ksh8.3 billion (EUR76 million) loan from the International Finance Corporation (IFC) for lending to SMEs…


Nedbank partners with SEDCO to supply SME finance

In a bid to assist small businesses in Swaziland, Nedmark managing director Fikile Nkosi has revealed that the bank has…

Factoring comes to second-smallest African country

BGFI Bank opened its first branch at Sao Tome Principe. (more…)

#bank#funding#leasing

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