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Africa

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 supporting the modernisation and expansion of export-oriented small and medium enterprises (SMEs), according to a recent statement. (more…)

#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


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

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