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The African Guarantee Fund (AGF) has signed a protocol agreement, worth US$ 100 million, with the Cameroonian Cartel of Businesses (GICAM) and a consortium of banks to set up a pilot project for financing and supporting SMEs in Cameroon. (more…)
JPMorgan, through the JP Morgan Chase Foundation, says well-structured incubators or business development support services can help SMEs grow their…
#JP Morgan#JPMorgan#management
AfDB to channel USD70 million to Eastern and Southern African businesses through PTA. (more…)
African Guarantee Fund agrees to back Ecobank's SME financing programmes, including contract and receivables finance, distributorship finance and asset finance.…
#bank#receivables#SME financing
Attijariwafa bank to open subsidiaries in Togo and Niger. (more…)
Internet-based short-term loan provider is looking to elongate payment terms for South African SMEs. (more…)
#payment terms#R3#risk
David Cory, Head of Debtor Management, Nedbank Business Banking, provides an overview of the South African factoring market for the…
#bank#debt finance#exporters
Former Economics Association of Zambia President Noel Nkoma has observed that the government's delay in paying local suppliers is have…
Oasis Capital Ghana, a licensed capital fund manager, has launched its Oasis Africa Fund (OAF), a US$50-million fund aimed at…
The International Finance Corporation (IFC) has provided a credit line of US$50million to I&M Bank Ltd. to support lending to…
First Finance Company has paid out more then EUR34 million in invoice financing since 2010. (more…)
#invoice#Paid#smes
Nedbank said it advanced R240m to First Strut, which collapsed last month after the murder of its chairman. (more…)
#bank#Nedbank
Heritage Bank offers concessionary funding support to SMEs. (more…)