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Africa

Algerian SME sector experiences 10 per cent growth

The number of small and medium sized enterprises in Algeria has grown by more than 10 percent in recent years, according to Minister of Small and Medium Enterprise, Mutapha Benbada. (more…)

Industrial Policy Action Plan will have far-reaching affect on...

The South African Minister of Trade and Industry on Friday released its Industrial Policy Action Plan (IPAP) (more…)


Will there yet be a sting in the tail?

The financial press has been reporting in worried whispers of late about the threat of rising insolvencies as the world…

#bank#conference#management


Mvelaphanda Holdings acquires stake in factoring firm

Private BEE investment company Mvelaphanda Holdings has acquired a strategic stake in South Africa-based trade finance firm (more…)

#funding#management#smes


Invoice discounting offered to boost Botswana milk production

The Botswana Development Corporation is offering invoice discounting to dairy farmers in the region, in order to boost milk production…


Botswana government pledges support to factoring companies

The Botswana government pledged its support to factoring companies, in a speech made to a High Level Consultative Council last…


GroFin announce largest ever growth finance fund

GroFin has announced the final closing of the GroFin Africa Fund at US$170m against a target of $150m (more…)


Kingdom Finance to offer invoice discounting

Kingdom Finance has announced its intention to offer invoice discounting facilities to SMEs (more…)


Fund to provide $225m for African SMEs

A new regional fund aimed at supporting SMEs in African countries has been launched under a scheme packaged by a…

#bank#international#risk


IFC to pump $30m into SME sector

The International Finance Corporation is to invest $30 million in Sasfin to enable the specialist bank to spread lending to…


Potential and pitfalls

Roger Herbert, Executive Secretary for the Debtor Finance Committee of he Banking Association of South Africa, talks to Factorscan about…

#assignment of receivables#bank#emerging markets


IDC pushes for more support for SMEs

68 per cent of businesses funded by the Industrial Development Corporation (IDC) in the 2008/09 financial year were SMEs, up…

#funding#smes#trade

Banks urged to partner with SMEs

Banks operating in the country have been advised to partner with SMEs in order to propel the growth of the…

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