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Africa

Banks shunned by SMEs as they to turn to...

Treasury figures indicate that demand for loans from the state-supported Kenya Industrial Estates (KIE) rose dramatically in 2008.  (more…)

#bank#banks#smes

DFCU Bank secures loan to fund local SMEs

Dfcu Bank secures 7million euro loan to finance SME expansion. (more…)

#bank#international#security


World Bank to triple funding to developing countries

The IFC, the World Bank's private lending arm, is to extend additional trade finance funding to developing nations. (more…)

#bank#international#International Trade


Debtor finance performing well in the downturn

David Cory of Nedbank Corporate Debtor Management outlines the growing significance of debtor finance to South African companies. (more…)

#bank#funding#invoice


AfDB follows EIB lead and extends funding to local...

The AfDB extends loan to Nigerian bank indicating growing confidence in the country's financial sector. (more…)

#ADB#African Development Bank#bank


Eighty percent of duitiable import invoices reportedly fake

Officials in the Ghanaian Customs Office claim that up to eighty percent of invoices covering imports into the country are…

#banks#Boost#trade


Banks urged to assist SMEs and development

The Growing Businesses Foundation calls on banks to show more commitment to the development of the SMEs and the economy. (more…)


SMEs want State to consolidate funding

The private sector is rooting for a single ministry or department to be charged with consolidating the government's funding to…


Government to speed up disbursement of funds

The Minister of State for Finance and Economic Planning has said that funding provided by the World Bank for SMEs…

#bank#international#risk


Making credit easier for SMEs

Factoring is a relatively new form of financing in Mauritus, but with the credit crunch spreading, Enterprise Mauritius feel confident…

#bank#cash-flow#liquidity


Commerce ministry solicits more funding for SME loans

The ministry of commerce, trade and industry has requested additional funding to increase the amount given to SMEs under the…

#funding#guarantee#guarantee scheme


Global credit crunch set to hurt local SME's

SMEs are set to be adversely affected by more stringent lending conditions arising from the prevailing global credit crisis (more…)

#banks#funding#JP Morgan

DFCU to support SMEs

DFCU Bank has launched a loan facility to support small-and-medium entrepreses (SMEs). (more…)

#Access to Finance#bank#Clear

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