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Africa

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 forged partnerships with companies, including the Small Enterprises Development Company (SEDCO). (more…)

Factoring comes to second-smallest African country

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

#bank#funding#leasing


Bank of Africa reaffirms SME financial commitment

Bank of Africa Tanzania has reaffirmed its commitment towards developing SMEs as a way to attain socio economic development in…


First Finance launches invoice discounting product

Mbabane-based First Finance has launched an invoice discounting solution to boost companies with cash flow and working capital problems. (more…)

#cash-flow#invoice#late payment


Payment delays resulted in health-care system ‘being held to...

At least six National Health Laboratory Service (NHLS) labs have been shut because of the service s cash crunch. (more…)

#management#Paid#payment delays


Government begins export credit insurance talks with AITA

The government of Zimbabwe has begun negotiations with the Nairobi-based African Trade Insurance Agency (AITA), to establish a USD25 million…

#exporters#exports#international


Credit insurance scheme to start focus on short-term financing

The Government-run Youth Enterprise Development Fund is to start guaranteeing loans borrowed by its members from commercial banks as it…

#bank#invoice#purchase order


FHAN President: Funding for finance houses needs boost

The president of the Finance Houses Association of Nigeria (FHAN) has called for the need to broaden the funding of…


TANEXA proposes new fund for SMEs and exporters

The Tanzania Exporters Association (TANEXA) has proposed the establishment of the Tanzania Credit Guarantee Fund (TCGF) as a source of…

#exporters#guarantee#guarantee scheme


EIB provides a line of credit to Mauritius Leasing...

The European Investment Bank (EIB), the long-term lending institution set-up by the European Union, has agreed to provide five million…

#bank#funding#SME financing


Gauteng provincial government to pay more promptly

Suppliers and service providers doing business with the government of Gauteng, one of the nine provinces of South Africa, may…

#funding#invoice#management


CDB avails $30m line of credit to SMEs

The China Development Bank Corporation (CDB) has, through its cooperating partner, the Infrastructure Development Bank of Zimbabwe (IDBZ), extended a…

#bank#conference#forum

Standard Bank targets Africa's SME sector

The Standard Bank Group is now financing SMEs, tapping into a lucrative segment that was previously ignored by mainstream lenders…

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