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Africa

Factoring in North Africa

Margrith Lutschg-Emmenegger, President of FIMBank, talks to Factorscan about doing business in the changing north African environment and how recent unrest in the region could effect its development of factoring. (more…)

Standard Chartered Bank to finance SME suppliers to the...

Standard Chartered Bank Botswana will provide upfront financing to SMEs against the Government Purchase Orders. Standard Chartered Bank Botswana on Thursday…


Nigeria: Untapped Potential

Factorscan looks at the untapped potential of factoring in Nigeria, and finds out how factors can bridge the country s…

#assignment of receivables#bank#conference


Kenya Gatsby Trust sells factoring business project to financial...

Kenya Gatsby Trust announced the sale of controlling shares in its financial services project... (more…)


African Trade Insurance to serve SMEs

The African Trade Insurance (ATI) agency is prepared to get into partnership with local banks... (more…)

#exporters#smes#trade


HSBC walks away from Nedbank talks

Last week HSBC has walked away from discussions to purchase a 70% stake in South Africa s Nedbank for an…


‘It is no longer safe to offer credit ‘

Speaking at the annual Coface South Africa Business Environment conference last week, Coface South Africa CEO Garth de Klerk, urged…


Stanbic re-positions its strategy to meet SME farmers’ needs

Stanbic Zambia has re-modeled its product offering to the agriculture sector to concentrate more on financing small-scale farmers... (more…)

#bank#guarantee#guarantees


New specialised bank to be opened for SMEs

Namibian government plans to establish a bank that will cater for small and medium enterprises (SMEs). The new bank is…

#bank#banks#smes


IFC, Citigroup, AfDB provide funding to boost trade in...

IFC, a member of the World Bank Group, Citigroup, and the African Development Bank agreed to provide up to (more…)


New venture is launched to support the growth of...

Business Financial Solutions (BFS), a company that will focus on venture capital finance, corporate advisory services and investment facilitation and…


BRD makes bid to attract financiers to SME market

The Rwanda Development Bank (BRD) has said it is in the process of setting up a Rwf 2.5 billion (Rwanda…

#bank#banks#financial institutions

HSBC in talks to acquire majority stake in Nedbank

HSBC have confirmed that they are in discussions with Old Mutual Plc for the acquisition of a majority stake in…

#funding#invoice#management

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