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Africa

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…


GroFin Africa Fund extends $160 million to African SMEs

A company specialising in financing general businesses, GroFin Africa Fund (GAF), yesterday launched a $160 million scheme for small and…


EIB to extend loan to South African SMEs

South Africa's Industrial Development Corporation IDC) has secured a 60-million credit line from the European Investment Bank (EIB) to finance…


Real need to recapitalise SME development corporation

The Ministry of Small and Medium Enterprises is working on a budget proposal for the recapitalisation of the Small Enterprise…


KCB leads opening up of Sudanese finance market

KCB opens three more branches in Southern Sudan as demand for transactions such as invoice discounting, trade financing and asset financing…

#bank#banks#international


UBA Growing Businesses scheme extended to SMEs

Nigerian bank United Bank for Africa (UBA) says at least 600 Small and Medium Scale Enterprises (SMEs) across Africa will…


Lack of information means European loan underexploited

Ugandan SMEs have not exploited a loan developed by the European Investment Bank due to a lack of information about how to…

#bank#banks#insurance

The springbok finds its step

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

#assignment of receivables#international#International Trade

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